1-Crane purchased $1200 of a mutual fund with a front-end load of 5%. How much did he actually invest?

$1200

$1080

$1195

$1140

2-What is your annual return on investment for a rental property with the following income and expenses?

Rent:		$850	per month
Expenses:		$3700
Mortgage interest:		$8000
Equity investment:		$26000
Original mortgage:		$101000
Market value:		$111340

134%

34%

10.1%

37%

3-Rodney purchased a call option on Wildbear Industries stock with a $100 exercise price, for $2 per share, when the actual price of the stock is $97. If the price goes up to $103, what is his rate of return on investment?

6 percent

50 percent

100 percent

3 percent

4-Which fund would have the least expense ratio?

S&P 500 Index Fund

Global Total Return Fund

Dynamic Capital Appreciation Fund

Small Cap Growth Fund

5-In what way is your home an investment?

Home equity is a source of income.

Mortgage payments are like reinvesting dividends.

The sale of your home is a source of income.

Long-term equity growth in your home is a component of your wealth.