Finance Questions
Explore questions in the Finance category that you can ask Spark.E!
2. With fluctuating interest rates, the price of which of the following will fluctuate most?A. Common stockB. Money market instrumentsC. Short-term bondsD. Long-term bonds
17. If a security is liquid, it has which of the following characteristics?I. It can be sold quickly.II. It can be sold at a substantial profit.III. It can be sold at face value or close to it.IV. It can generate immediate income.A. I and IIIB. I and IVC. II and IIID. II and IV
14. All of the following would be necessary to have in a customer profile EXCEPTA. Tangible assets—not securities—owned by the customerB. Retirement assets already owned by the customerC. Educational degrees earned by the customerD. Liquid net worth of the customer
20. A married couple in their early 50s saving for retirement would most likely have which of the following objectives?A. Low risk, high liquidityB. Moderate risk, neutral liquidityC. Moderate risk, high liquidityD. High risk, low liquidity
5. Which of the following risks applies primarily to fixed income investments?A. Purchasing power riskB. Business riskC. Financial riskD. Call risk
11. A customer assumes the investment risk involved with her variable annuity. What does this mean?I. She is not assured of the return of her invested principal.II. As an investor, she can be held liable for the debts incurred by the insurance company.III. The underlying portfolio is primarily common stocks, which have no guaranteed return.IV. Since her payout is fixed, she will have no inflation protection.A. I and IIIB. I and IVC. II and IIID. II and IV
7. When deciding on the suitability of a particular investment for a client, that client's need for liquidity isA. Not necessary to determineB. Necessary to determine only if the individual is planning on retirementC. An important element to be considered when determining the suitability of an investmentD. Important only if the client has no other liquid investments
8. An open-end investment company that pays regular dividends, offers a high degree of safety of principal, and especially appeals to investors seeking tax advantages is A. A corporate bond fundB. A money market fundC. An aggressive growth fundD. A municipal bond fund
4. Which of the following information must be obtained from a new customer?I. Memberships in professional associationsII. Current salary grade at his place of employmentIII. Name and addressIV. Social Security numberA. I and IIB. I and IVC. II and IIID. III and IV
6. Corporate bonds are considered safer than corporate stock issued by the same company because I. Bonds represent equity in the companyII. The company is more likely to back the original investorsIII. Bonds are senior to common stockIV. Interest is an obligation, but dividends are notA. I and IIB. I and IVC. II and IIID. III and IV
3. Jeff Smith purchased 1,000 shares of an obscure foreign stock. The purchase took a large proportion of his discretionary income for the year. If he experiences an urgent need for cash in the near future, he will probably faceA. Market riskB. Liquidity riskC. Interest rate riskD. Reinvestment risk
9. A couple has a long-term growth objective, and they are willing to accept a reasonable amount of risk to obtain this objective. Which of the following mutual funds is most suitable for them?A. Money market fundB. Large-cap fundC. Corporate bond fundD. Municipal bond fund
pay off all debt using the debt _________
myth or true? you need a student loan to go to college
myth or true?i need a credit card to rent a car and make purchases online
most credit cards will charge you an ______ fee
the average new car payment in America is now ________ a month
myth or true?you can go to college debt-free
the debt snowball is a _______ process
paying off debt is not a math problem-it is _________problems