COPYRIGHTED MATERIAL
ARE YOU FINANCIALLY LITERATE? CHAPTERS 12-14
14. Early investors pursued wealth by investing in voyages and trading expeditions. Ships traveled to the four corners seeking precious metals, or trading for goods and spices. These investments were very risky. An investor could be completely wiped out if the ship sank or was captured by pirates. How did the joint stock company address these problems? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 15. What is the biggest stock market in the world by volume of shares traded and value of companies listed? _ ____________________________________________________________________ 16. What is unique about NASDAQ’s location ? How are NASDAQ trades made? In what sector are NASDAQ companies concentrated? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 17. You are in a corporate meeting. Someone says ”I’d like to make a motion that all employees receive a day off with pay.” What does ” make a motion mean ?” _ ____________________________________________________________________ 18. Why should you know the basic rules and terminology or parliamentary procedure ? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 19. What 4Ps should be addressed in a marketing plan? _ ____________________________________________________________________ 20. T F A tradable financial instrument is also a negotiable (freely transferrable) financial instrument. 21. T F States and municipalities (like cities and counties) may issue bonds to fund public work projects like upgrading infrastructure or school buildings. 22. T F Municipal and state bonds generally have a high coupon (interest) rate because they have a high risk of default. The NASDAQ has no physical trading floor. It is a telecommunications network where all trades are made electronically. It ’s known for its oncentration of stocks in the IT (tech) sector. Anyone who aspires to any leadership role in a business, club or board, should know how to conduct a meeting using basic parliamentary skills, procedures, and terminology. Putting a proposal up for vote . product, placement, promotion , price It enabled a business to spread the risk of loss among many investors by issuing shares first in the expedition , and later in the company itself. NYSE – New York Stock Exchange PRODUCT PREVIEW
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281 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY
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