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NEW QUESTION: 1
Bubba has several accounts at a brokerage firm. Which of the following is not covered by SIPC?
A. joint account of Bubba and his wife
B. joint account of Bubba and his son, Bubba, Jr.
C. individual account in Bubba's name only
D. commodities account in Bubba's name only
Answer: D
Explanation:
Explanation/Reference:
Explanation: commodities account in Bubba's name only. SIPC does not cover commodities accounts.

NEW QUESTION: 2
Which of the following statements regarding callable bonds is false?
A. The issuer of a callable bond is most likely to redeem the bond early when interest rates fall.
B. A callable bond protects the investor by allowing him to sell his bond back to the issuer and invest in another, similar-risk bond that pays a higher rate of interest should the investor choose to do so.
C. Callable bonds offer a higher yield than non-callable bonds, all else equal.
D. Investors in callable bonds are subject to prepayment risk.
Answer: B
Explanation:
Explanation/Reference:
Explanation: Statement D is the false statement. A callable bond does not protect the investor by allowing him to sell his bond back to the issuer and invest in another, similar-risk bond that pays a higher rate of interest should the investor choose to do so. The investor does not have the option to redeem or not in the case of a callable bond. It is the issuing firm that has the option. Therefore, a callable bond must offer a higher-yield than similar non-callable bonds, and the investor in a callable bond is subject to prepayment risk. The bond is most likely to be redeemed when interest rates fall, in which case the issuer will want to call it in and replace it with a bond with a lower coupon rate.

NEW QUESTION: 3
A Citrix Administrator needs to review the Delivery Group's historical data from the last 200 days.
Which tool allows the administrator to view this data?
A. Citrix Studio - Delivery Groups
B. Citrix Director - Dashboard
C. Citrix Studio - Applications
D. Citrix Director - Trends
Answer: D

NEW QUESTION: 4

A. Option D
B. Option A
C. Option B
D. Option C
Answer: A