A buy-and-hold strategy implies that you
A)
do not try to increase return by frequent trading.
B)
do not sell stocks for tax reasons.
C)
believe in exploiting economic cycles.
D)
are an unsophisticated investor who needs professional help.
A
Business
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Most professional sport teams, college athletics departments, and sport marketing agencies dedicate considerable financial resources to conducting market research.
a. true b. false
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Agnes and Mary Clare, two elderly sisters, own an annuity covering both of their lives. The annuity pays benefits to them until the first sister dies, then the annuity terminates. Agnes and Mary Clare own a(n)
A) flexible premium annuity. B) joint life annuity. C) longevity annuity. D) joint-and-survivor annuity.
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