Problem
Explain the significance of equities, stockbroker, Efficient Market Hypothesis, portfolio diversification, mutual fund, net asset value, 401(k) plan, stock or securities exchange, over-the-counter market, Dow Jones Industrial Average, Standard & Poor's 500, bull market, bear market, spot market, futures contract, option, call option, and put option.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.