1. All of the following are investments available through direct investing EXCEPT
a savings deposits, certificates of deposit, and U.S. savings bonds
b money market and hybrid mutual funds
c Treasury bills, commercial paper, and eurodollars
d option and futures contracts
2. The total return of a price-weighted index has changed relatibe to an equal-weighted index, indentical in all other respects. Which of the following least accurately justifies the reason for the difference in values?
A) Outperformance of large-cap stocks
B) Outperformance of small-cap stocks
C) A constituent stock has undergone a stock split