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NEW QUESTION: 1
Short-term, unsecured promissory notes issued by large entities are known as:
A. Agency securities.
B. Bankers acceptances.
C. Repurchase agreements.
D. Commercial paper.
Answer: D
Explanation:
Commercial paper is the term for the short-term typically less than 9 months) unsecured, large denomination often over US $100,000) promissory notes issued by large. creditworthy companies to other companies and institutional investors. In many instances, the maturity date is only a few days after issuance.
NEW QUESTION: 2
What is the benefit of edge computing?
A. It reduces network latency by moving processing closer to the data source.
B. It simplifies security as devices and processing are brought closer together
C. It removes the need for centralized data processing.
D. It reduces data velocity from devices or other data sources.
Answer: A
NEW QUESTION: 3
Which of the following statements regarding the "rights of accumulation" is true?
A. Reinvested dividends and capital gain distributions count toward reaching a breakpoint under the rights of accumulation.
B. A breakpoint must be reached within a 13-month period, at which point the accumulation period begins anew.
C. A letter of intent must be signed to activate the rights of accumulation.
D. All mutual funds that have front-end loads are required to allow their shareholders rights of accumulation.
Answer: A
Explanation:
Explanation/Reference:
Explanation: The true statement is that reinvested dividends and capital gain distributions count toward reaching a breakpoint under the rights of accumulation. The rights of accumulation are not something that all mutual funds with front-end loads must offer. There is no time limit on the accumulation period. The rights of accumulation and the letter of intent are two separate animals; neither has anything to do with the other.
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