Question

5. You recently got a car loan from Boricua Bank. This loan is a source of...

5. You recently got a car loan from Boricua Bank. This loan is a source of funds to the bank. Is this statement true or false?
T. True
F. False

21. If you believed the market was efficient in the “Semi-Strong” form you would spend a lot of time and money doing technical analysis. Is this statement true or false?
T. True
F. False

22. When you make receive a second lien mortgage loan on your home, that loan transaction is created in the
A. Secondary Market
B. Primary Market

C. Money Market
D. Vacation Property Market

23. Exchange traded funds (ETFs) have which of the following features?
A. They are listed and traded as individual stocks on a stock exchange.
B. They are usually indexed rather than actively managed.
C. Their value is based on the underlying net asset value of the stocks held in the

index basket.
D. All of the above.

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Answer #1

5. You recently got a car loan from Boricua Bank. This loan is a source of funds to the bank. Is this statement true or false?
F. False

This is an application of funds from the bank's point of view, not a source of funds to the bank.

21. If you believed the market was efficient in the “Semi-Strong” form you would spend a lot of time and money doing technical analysis. Is this statement true or false?
F. False

If you believed in the Semi Strong form, you would not waste time or money on technical analysis.

22. When you make receive a second lien mortgage loan on your home, that loan transaction is created in the
B. Primary Market

Transactions between you and your lender are on the primary market. Transactions between lenders and other parties are on the secondary market.

23. Exchange traded funds (ETFs) have which of the following features?
D. All of the above.

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