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The term used to refer to two or more investment bankers working cooperatively for the same client is e. A flock. f. A group. g. A consortium. h. A syndicate. 17. Private placements refer to the sale of securities a. Directly to a select/limited number of investors (usually by invitation). b. To certain lower ranking enlisted personnel in the army. c. To the public but in utmost secrecy. d. That cannot be purchased by any governmental body. 18. Flotation costs are costs a. Boaters pay for life vests or jackets. b. That rise and fall just like the tide in the ocean. c. Firms incur associated with issuing new securities. d. None of the above. 19. Which of the following are components of the nominal interest rate (SELECT ALL THAT APPLY)? a. The Index-risk Premium b. The Maturity-risk Premium c. The Solvency-risk Premium d. The Inflation Premium e. The Default-risk Premium f. The Discount Premium g. The Prime Rate Premium 20. The financial statements must be prepared in a prescribed order; which of the following is that prescribed order? a. Income statement, statement of retained earnings, balance sheet, statement of cash flows b. Statement of retained earnings, balance sheet, statement of cash flows, income statement c. Balance sheet, statement of cash flows, income statement, statement of retained earnings d. Statement of cash flows, income statement balance sheet, statement of retained earnings

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