32. All the following are characteristics of stock except:

		a) Potential to grow by double, triple, or more
		b) Interest
		c) Dividends
		d) Compounded gains or losses

24. What would the NAV of an open-ended mutual fund priced at $20 be if the load is 5%?

		a) $9.60
		b) $21.00
		c) $19.40
		d) $19.00

Other factors being equal, ______ bonds will offer the highest yields. (Hint: Generally, the higher the rating, the lower the return; and government issued securities are the safest.)

		a) BBB. Treasury
		b) AAA-rated corporate
		c) AA-rated corporate
		d) A-rated corporate