Unit 5

ETNs are pooled investment vehicles that are...

Unsecured debt securities & issued by financial institutions, such as banks.

A REIT and a direct participation program are similar because they both

Are operated by a centralized management.

The Canadian government is looking to create their own digital coin that will allow them to regiulate digital assets safely and securely. What is the name of this developing stablecoin?

Centeral Bank Digitial Currency Key to the answer is that this is an offical Canadian government action. A Central bank digital currency (CBDC) is a digital currency that is issued and backed by a sovereign govt central bank - bitcoin is decentralized where as CBDC are centrally controlled and regualted by a central bank, such as the federal reserve in the US, whic has authorityt to issue, distribute, and regulate the supply of digital currency,

Investing in commodities could involve investing in any of these except A) animals. B) industrial metals. C) consumer durables. D) agricultural items.

consumer durables Commodities are available on agricultural items, such as corn, wheat, and soybeans. Likewise, investing in animal items such as cattle and pork bellies is possible. Finally, industrial items—primarily metals such as lead, zinc, and aluminum—are popular investments. Commodity contracts are not available on consumer durables such as refrigerators and washing machines.

In general, an investor wishing to gain economic exposure to commodities would find it easiest to do so by

investing in futures contracts. It is generally agreed that using commodity futures is the easiest and most common way to gain economic exposure to commodities. Forwards are more commonly used by producers or users because, unlike futures, most forwards contracts result in the delivery of the actual commodity. Only about 1% of all futures contract positions involve the delivery of the underlying commodity.