DECA SMG Rules

Question 1

What is the commission fee charged per trade for all transactions?

Accepted Answer

$5

Question 2

Forbes.com listed this person with highest net worth in the world at $220.9 B.. of course this can change by the minute

Accepted Answer

Elon Musk (Tesla)

Question 3

The Stock Market Game's hours of operation are Monday - Friday between the hours of

Accepted Answer

(9:30 AM ET - 4PM ET)

Question 4

The minimum company share price that you can invest in is

Accepted Answer

$3

Question 5

In the Stock Market Game you can only buy and sell stocks traded on the following

Accepted Answer

NASDAQ & New York Stock Exchange

Question 6

The interest rate that is charged weekly on negative cash balances that borrow money is

Accepted Answer

7%

Question 7

When there is a Monopoly, we are saying that there is a single

Accepted Answer

seller

Question 8

Investors in the stock market game can trade Over-the-Counter or "Penny stocks"

Accepted Answer

false

Question 9

Minimum amount of shares that must be purchased per stock or mutual fund trade is

Accepted Answer

10

Question 10

Each investor begins the Stock Market Game with $100,000 in cash and may borrow additional funds

Accepted Answer

True

Questions 10