11.The stock exchange that specializes in trading the shares of : 1409489
11.The stock exchange that specializes in trading the shares of young and rapidly growing companies is:
C. London Stock Exchange.
D. Tokyo Stock Exchange.
12.According to the National Venture Capital Association, "venture capital funds earn an average annual rate of return (after expenses) of about":
13.Firms looking to raise funds will file registration statements with the:
A. Federal Reserve Board (FED).
B. Office of the Comptroller of the Currency (OCC).
C. Securities and Exchange Commission (SEC).
D. Public Company Accounting Oversight Board (PCAOB).
14.According to evidence from surveys of CFOs, the top-most motive for firms to go public is to:
A. broaden the base of ownership.
B. enhance the reputation of the firm.
C. establish a market price/value for our firm.
D. create public shares for use in future acquisitions.
15.The main reason for the recent migration of a large number of firms from public-to-private ownership is:
A. blue-sky laws.
B. Sarbanes-Oxley Act.
C. international accounting standards (IAS).
D. advent of shelf registration.
16.Generally, underwriters provide the following services to the issuing firm:
I) provide advice; II) buy some or all of the new issue; III) resell the issue to the public
A. I only
B. I and II only
C. I and III only
D. I, II, and III
17.State laws that regulate sales of securities within the state are called:
A. red herrings.
B. registration laws.
C. Rule 415 regulations.
D. blue-sky laws.
18.The managing underwriter is also called the:
B. book runner.
D. lead angel.
19.Underwriters will handle an issue of new securities on a:
I) best efforts basis;
II) firm commitment basis;
III) all or none basis
A. I only
B. II only
C. III only
D. I or II or III
20.Underwriters are typically compensated for their services in helping a firm issue new securities in the form of a:
B. set fee.
D. finder's fee.