A diversified portfolio represents a disadvantage to small investors since it requires large amounts of money to set up.

The key difference between the primary and secondary bond markets is that __________ bonds are traded on the primary market, while __________ bonds are traded on the secondary market

a. newly issued; previously issued b. government; corporate c. more valuable; less valuable d. low risk; high risk e. high yield; low yield

The members of the Federal Reserve Board of Governors are appointed by the Congress of the United States

Indicate whether the statement is true or false