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NEW QUESTION: 1
If federal excise taxes were increased by the government, what would the typical investor do about his securities portfolio?
A. sell treasuries and invest in municipal bonds
B. sell municipal bonds and invest in high quality growth stocks
C. sell corporate bonds and invest in treasuries
D. take no action as a result of the tax increase
Answer: D
Explanation:
Explanation/Reference:
Explanation: take no action as a result of the tax increase. Excise taxes normally are not important to the typical investor. They generally have little relative effect on securities prices.
NEW QUESTION: 2
A. Option D
B. Option C
C. Option B
D. Option A
Answer: C
NEW QUESTION: 3
A. Option E
B. Option B
C. Option C
D. Option D
E. Option A
Answer: A,D
NEW QUESTION: 4
Data and Information are the same thing.
A. FALSE
B. TRUE
Answer: A