The Universal Business Directory (UBD) Is an Example of

question 26

Multiple Choice

The Universal Business Directory (UBD) is an example of

• A) a primary source of research information.
• B) a secondary source of research information.
• C) a tertiary source of research information.
• D) could be either secondary or tertiary.

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Definitions:

Morningstar Rating

A system used to rate mutual funds and other investment vehicles based on past performance, risk, and other factors, typically ranging from one to five stars.

Net Asset Value

The net worth of a fund, calculated by subtracting its liabilities from the sum of its assets, commonly associated with mutual and exchange-traded funds.

Closed-end Fund

A type of investment fund with a fixed number of shares that are traded on the stock exchange, unlike mutual funds which continuously offer new shares or buy back existing shares.

Brokered Markets

Marketplaces where buyers and sellers are brought together by third-party brokers to facilitate transactions.