1. Money Market funds generally have check writing privelages
True
False
2. Front running is when an investment manager buys or sells ahead of their client in the same position
True
False
3. You are considering a project with an initial cost of $4,600. What is the payback period for this project if the cash inflows are $450, $970, $2,800, and $500 a year for Years 1 to 4, respectively?
1.03 years
2.36 years
2.89 years
3.76 years
3.81 years