19. During periods of high infiation, there is a risk that the not keep pace with the rate of inflation. True False return on an investment wi in insurance on 20. Nick Wilson owns a home in Edmond, Oklahoma and pays $885 per year the home. The $665 fee is an example of a: A peril B. hazard C. risk D. premium E. fiability 21. When A. primary market opportunity. B. secondary market offering C, initial public oeering. D. investment bank offering a corporation sells stock to the general public for the first time, it is referred to as a: E primary stockholder opportunity. 22. Which one of these investments pools the funds money manager to manage those funds, and offers diversification to investors? A. NOW account B. Securities exchange C. Certificate of deposit D. Mutual fund E. Stock option of many investors, hires a professional 23. You probably have little or no need for life insurance if you are: A a single person living with your parents. B. divorced and have two children. C. married and your spouse works. D. gainfully employed E. a two-earner household with a mortgage. 24. Which type of risk affects only a specific company or a specific industry? A. Interest rate B. Systematic C. D. Economic E. Inflation 25. An umbrella policy provides additional personal liabillity coverage beyond the basic amounts in most homeowner policies. True False ps C mich one of the olowing investrments offers the greatest liquidiy? A Checking account