29. if an asset can be quickly converted into cash at little or no loss in value, the asset is said to be :

a. liquid

b. growing

c. illiquid

d. stable

e. good investment

30. eight percent annual interest paid on an investment compounded semi- annualy would yield a return:

A. lower than 8% per year

b. exactly 8 % per year

c. about 8 % per year

d. higher than 8.25% per year

e. Equal to 8.16 %

31. Assume Microsoft stock was purchased for $ 84 ( 100 shares) and sold a 3 years later for $170, in addition over the course of the year, the stock paid a cash dividend of $ 2 per share during the last year of the holding period and had a 2-for-1 split during the holding 3 year holding period. Given this information, what is $ return and the % return on the stock for the given holding period of 3 years?

A. $24, 780, 295%

b. $ 8,820, 105%

c.26,000, 310%

d. $18,060, 215 %

32. when the market is expected to go down,the stock that will reusly in the least reduction in return , the one with the beta of :

a. +1.0

b.+1.7

c.+ 1.6

d. +0.1

33. what is the first rule of investing?

A. buy only low beta stocks

b. never lose your principle

c. buy only for the long term

d. get started early

34. an annual report in the field with the SEC as :

a. a proxy statement

b.a 10 Q report

c. 8 k report

d. a 10 k report