Final Questions Review

Being a LP in a DPP is analogous to being a holder of _________________ stock in a corporation.

Common

If you overheard an analyst referring to an investment's indicative value, the discussion would most likely be about A) REITs. B) ETNs. C) ETFs. D) TIPS.

ETNs

____ corporation only allow U.S. citizens or resident clients to be shareholders.

S

A widening yield between corporate bonds and U.S. Treasury bonds is a predictor of an economic _________________.

Slowdown

A pension plan administrator hires an investment adviser to oversee the investment decisions of the plan. The adviser's primary responsibility is to which of the following?

The plan

Which of the following investment vehicles provides for redemption by the issuer? A) Closed-end fund (CEF) B) Unit investment trust (UIT) C) Exchange-traded fund (ETF) D) Face-amount certificate (FAC)

Unit investment trust (UIT)

One business succession issue that applies to virtually all investment advisers is

loss of the designated regulatory contact person.