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Business English
Stocks & Investing

The VOCABULARY of the STOCK MARKET


REVIEW

True - False
Answers

  1. Wall Street gets its name from a wall built across Lower Manhattan in 1653. TRUE
  2. The Buttonwood Agreement was signed in 1793. FALSE
  3. The first corporate stock on the NYSE was the Bank of Wall Street. FALSE
  4. A person who thinks the market will go up is a bull.  TRUE
  5. A person who thinks the market will go down is a bear.  TRUE
  6. The NYSE is the second largest stock market in the U.S. FALSE
  7. The NYSE carries only listed stocks. TRUE
  8. Mutual funds are institutional investors. TRUE
  9. Bonds are ownership of a corporation.  FALSE
  10. Stocks are loans to a corporation.  FALSE
  11. The corporation gets the profit from an IPO.  TRUE
  12. The corporation gets the profits from all the sales of its stock in the future, after an IPO.  FALSE
  13. A round lot is 1,000 shares. FALSE
  14. An investor can buy an ADR as a DRIP. TRUE
  15. A full-service broker helps investors pick the right stocks.  TRUE
  16. A deep-discount broker helps investors pick the right stocks. FALSE
  17. An investor can buy a stock directly from the company.  TRUE
  18. The stock exchange sets the price of a stock. FALSE
  19. The ticker symbol C = Carrier Communications. FALSE
  20. A person who doesn´t know how to choose individual stocks should buy mutual funds.  TRUE
  21. France is an emerging country. FALSE
  22. The price of 1 share of Berkshire Hathaway A stock is around $120.  FALSE

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