Answer:
The remaining part of the question is:
Which statement is TRUE?
A. The registered representative needs no further licenses to sell managed accounts
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
C. The registered representative must post a surety bond prior to selling managed accounts
D. The registered representative is prohibited from selling managed accounts
<u>Correct Answer:</u>
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
.
Explanation:
Managed or wrap accounts are defined as "investment advisers" in most states. As such, the firm selling managed accounts must register as an investment adviser; and the individuals selling managed accounts for these firms must register as "investment adviser representatives" and pass either the Series 65 or Series 66 examination.
Answer:
i clicked on this when i didnt mean to and i dont know how to exit
Explanation:
Levels of cyclical unemployment will rise.
Unanswered levels of frictional unemployment may rise as people looking for jobs will find it harder to get new jobs.
Unanswered levels of structural unemployment are likely to rise as businesses look for specific types of workers.
Answer: Options A, B and G.
<u>Explanation:</u>
In Economics, a recession is a business cycle constriction when there is a general decrease in monetary action. Downturns by and large happen when there is a far reaching drop in spending.
A recession happens when there are at least two back to back quarters of negative monetary development, which means GDP development contracts during a downturn. As organizations battle with less money and income, they first attempt to lessen their expenses by bringing compensation or stopping down to procure new specialists, which can stop business development.
79 companies began to
produce sporting goods products between 1880 and 1890.
Some big companies that
had formed much earlier converted to sporting goods. Draper & Maynard, for
example, made men's gloves in the 1840s, but began manufacturing baseball
gloves and hunting gloves in the 1880s.
Answer:
$9,300.82
Explanation:
The formula for calculating present value:
P = FV (1 + r)^-n
FV = Future value = $1.25 million
P = Present value
R = interest rate = 6.4 percent.
N = number of years = 79
1.25 (1.064)^-79 = $9,300.82
I hope my answer helps you
