1. Given the lower brokerage costs charged by discount brokers and deep-discount brokers, why might an investor choose to use a full-service broker?
2. While planning to write a will, it is recommended that you do not use your nickname or your alias so as to avoid problems and misunderstandings. Explain why.
3. What are the strengths and weaknesses of DEAR (daily earnings at risk) approach. How does this measurement assist bank's management in assessing portfolio's risk profile?