Do You Know The Stock Market Game Rules?

16 Questions | By Kzacharski | Updated: Mar 22, 2022 | Attempts: 1441

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Do You Know The Stock Market Game Rules? - Quiz

Answer the following questions about the rules of the Stock Market Exchange Game.

Questions and Answers

1.

The Stock Market Game pays dividends.
- A.
  
  True
- B.
  
  False
2.

Each team begins with $_______________ to invest.
3.

Transactions entered with a limit price will not be held past the initial posting. This applies to both the End of Day or Real Time Games.
- A.
  
  True
- B.
  
  False
4.

Trades entered on a Friday at 6:30pm will receive the closing price for Monday (for End of Day Game).
- A.
  
  True
- B.
  
  False
5.

Mutual funds have ticker symbols like stocks, but they are 5 letters long and end in an X.
- A.
  
  True
- B.
  
  False
6.

All buy orders must be a minimum of 50 shares.
- A.
  
  True
- B.
  
  False
7.

A broker's fee of _____% is charged for all buy and sell orders.
8.

For a team "going on margin" (borrowing on the equity in your account), a _____% fee is charged for money borrowed.
9.

SMG does not permit buying stocks that trade below $____ per share.
10.

Cash balances (money not yet spent) will be credited at an annual rate of ____%.
- A.
  
  5%
- B.
  
  7%
- C.
  
  2%
- D.
  
  10%
11.

Teams can only enter trades between 9:00AM and 4:00PM Eastern Standard Time.
- A.
  
  True
- B.
  
  False
12.

A team will not be listed in regional rankings until their first transaction is entered successfully.
- A.
  
  True
- B.
  
  False
13.

If a team sells 200 shares of their Intel stock at $32 per share, they will be charged a broker's fee of $____ for the transaction.
14.

Teams must liquidate their portfolios at the end of the Game (liquidate means selling their stock to convert it back into cash).
- A.
  
  True
- B.
  
  False
15.

Teams can only trade common and preferred stock on the New York Stock Exchange, Nasdaq Stock Market, and the American Stock Exchange.
- A.
  
  True
- B.
  
  False
16.

Interest earned (and/or owed) is posted to the portfolio daily.
- A.
  
  True
- B.
  
  False