Refer to pages 28-30

2.Evaluate the classes and subclasses of life insurance by comparing their benefits and risks.
3.Assess the regulatory environment faced by brokerages and investment banking firms. Do you consider this environment to be highly regulated, moderately regulated or unregulated. Justify your response.
4.Compare and contrast market risk with liquidity risk.
5.What are the trends in the mutual fund industry. Do you forsee these trends having a positive or negative impact on investors ? Why ?
6.An investment bank pays $ 23.00 for 4 million shares of JC Co., and then resells them for $ 25 per share. How much money does JC receive? What is the profit to the