1. When you possess fractional ownership in a corporation, you own__________.
a) bonds
b) stock
c) interest
d) T-bills
e) none of the above
2. You specify that your trade is to be only at a certain price or better. You are placing a(n)____.
a) open order
b) closed order
c) limit order
d) stop order
e) market order
3. If you buy a stock on or after the ______you will not receive any dividends paid up to that point in time.
a) announcement date
b) ex-dividend date
c) declaration date
d) dividend date
e) none of the above