If you were willing to bet that the overall stock market was heading up on a sustained basis, it would be logical to invest in: ( ) A: high<br/>beta stocks. B: low<br/>beta stocks. C: stocks<br/>with large amounts of unique risk. D: stocks<br/>that plot below the security market line.

Many people don't like to ___________in stocks.

4. When the stock market goes down, investors are usually unwilling to sell out their stocks. ( )

After work each day, Shinichi Takada, CFA, runs a popular internet blog where he comments on micro-cap stocks. The blog includes a biography of Takada with his education and employment history. He receives no compensation for the blog. On the blog, Takada recommends purchases and sales of stocks based upon astrology. When blogging, Takada least likely violates CFA Institute Standards relating to.（） A: fair dealing. B: duty to employer. C: diligence and reasonable basis.

The main job of the broker is ( ). A: Helping investors buy and sell stocks B: Helping issuers issue shares C: Helping securities dealers to trade stocks D: Underwriting the issuer's shares

Will the covariance of returns for two common stocks be negative if the actual returns on both stocks tend to be: Above their expected returns Below their expected returns at the same time at the same time （） A: No No B: No Yes C: Yes No

He had abundant stocks of tinned food and water with which to ________ the winter.

An agent is an individual who engages in the buying and selling of financial assets such as stocks、

IPO is when a company’s stocks are sold ...he secondary market.

In general, stocks with a higher PNAR usually have a higher investment value.