The major financial risks include（）
A. Credit or default risk
B. Liquidity risk
C. market risk
D. operational risk
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Common stocks have many features. These features include（）
A. discretionary dividend payments
B. residual claim status
C. limited liability
D. voting rights
There are various types of issue of a company including（）
A. Public issue
B. Rights issue
C. Private placement
D. Preferential allotment
_is the first stock index created in the world（）
A. The Standard & Poor’s 500 Index
B. The Dow Jones Railway Index
C. The NASDAQ Composite Index
D. The Financial Times 100 Index
The major functions of financial markets include（）
A. financial markets can mobilize savings and channel them into more productive uses
B. financial markets can facilitate the setting of price
C. financial markets can provide liquidity to financial assets
D. financial markets can reduce the cost of transactions
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