As part of the 2010 Wall Street Reform and Customer Protection Act, the smallest banks...

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Finance

As part of the 2010 Wall Street Reform and Customer Protection Act, the smallest banks are subject to annual stress tests, designed to ensure proper capitalization.

A. True

B. False

Preferred stockholders have a claim senior to common stock but junior to bondholders.

A. True

B. False

Specialists in the New York Stock Exchange are charged with

I. trading for their own account.

II. ensuring public limit orders are executed.

III. facilitating processing public market orders.

A. l only

B. l and ll only

C. ll and lll only

D. l, ll, and lll

Last Friday, Stock A is worth $20 and has 1,000 shares outstanding. Stock B costs $30 and has 500 shares outstanding. Stock C is priced at $50 per share and has 1,200 shares outstanding. If, on the following Monday, Stock A is priced at $22, Stock B at $35, and Stock C is worth $48, what would the value-weighted index amount equal? (The index has a base period value of 100.)

A. 101.45

B. 108.44

C. 105

D. 102.21

In a shelf registration, the firm preregisters with the SEC any securities it wishes to sell over the next two years.

A. True

B. False

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