Question 1
One characteristic of mid-cap stocks is that they
◦ are generally new firms with high growth potential.
◦ tend to be highly volatile.
◦ are fairly good-sized companies that offer attractive return opportunities.
◦ are traded primarily through pink sheet bids.
Question 2
Speculative investors are likely to
◦ invest in emerging markets.
◦ buy and sell frequently.
◦ invest in small-cap stocks.
◦ All of these.
