Many Secondary Markets Are Continuous, Which Means That Prices Are

question 30

Essay

Many secondary markets are continuous, which means that prices are determined continuously throughout the trading day as buyers and sellers submit orders. Give an example of this.

Recognize the differences between traditional and Roth IRAs and their tax treatment.

Understand the calculation and implications of mortality rates in the context of insurance.

Be familiar with how Social Security benefits are determined and the factors that affect benefit amounts.

Understand how inflation adjustments (COLAs) are applied to benefits like Social Security.