Fbla Securities And Investments Exam Questions With Answers

participating preferred stock {Ans: preferred stock whose dividend is often raised above the stated rate}FHLMC {Ans: a quasi-agency, public company that purchases mortgages from lenders and sells mortgage-backed securities to investors. Stock is listed on NYSE}registration statement {Ans: the legal document disclosing material information concerning an offering of a security and its issuer. Submitted to SEC under Securities Act of 1933}capital appreciation {Ans: the rise in an asset's market price. The objective of a "growth stock investor."}payable date {Ans: the date that the dividend check is paid to investors}bearer bonds {Ans: an unregistered bond that pays principal to the bearer at maturity. Bonds have not been issued this way for over two decades, but they still exist on the secondary market.}general obligation bonds {Ans: a municipal bond that is backed by the issuer's full faith and credit or full taxing authority}CPI {Ans: Consumer Price Index. A measure of inflation/deflation for basic consumer goods and services. A rising Consumer Price Index represents the greatest risk to most fixed-income investors}commercial paper {Ans: a short-term unsecured loan to a corporation. Issued at a discount from the face value}Ex-Date {Ans: two days before the