____ Sell Shares to Investors and Use the Proceeds to Invest

question 100

Multiple Choice

____ sell shares to investors and use the proceeds to invest in portfolios of international stocks created and managed by portfolio managers.

• A)International mutual funds
• B)American Depository Receipts
• C)World Equity Depository Receipts
• D)Initial Public Depository Receipts

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Definitions:

Bondholder's Risk

The risk that a bond issuer will default, resulting in the loss of both periodic interest payments and the principal investment to the bondholder.

Registered Bonds

Bonds that are recorded in the name of the holder on the issuing company's books, ensuring that only the registered holder receives interest payments.

Term Bonds

Bonds that have a fixed maturity date on which the principal amount of the bond is due to be paid.