UNIT 5 MC

calculated value, called the indicative value or closing indicative value is calculated for

ETNs

A number of different pooled investment vehicles are included in the term alternative investment. One of them, a synthetic investment instrument that has been created to meet a specific need that cannot be met by a standardized financial instrument, is known as

a structured product.

What is the maximum amount of bitcoin that will ever be in circulation?

21 million coins

Exchange-traded notes (ETNs) are

are unsecured debt securities issued by financial institutions, such as banks. Their prices can be impacted by changes in the credit rating of the issuer, and they are not insured by the FDIC.

In order to achieve its goals, an inverse ETF uses

derivatives and debt.

For the exam, there are likely only going to be three precious metals

gold, silver, and platinum.

Among the differences between an investment in a limited partnership offering and in a corporation is that

limited partnership offerings do not pay dividends; corporations do.

One reason for including commodities in an investment portfolio is because they have a high correlation to

the inflation rate.

T/F Because ETNs are a debt security backed solely by a single issuer

true