47-)

The appropriate use of credit

Select one:

a. should increase your credit score.

b. requires the full limit of your monthly cash flow and liquidity.

c. means always making the minimum payment.

d. means always going for the highest credit limit possible.

48-)

You have $10,000 to invest now and can add $550 a month, have a moderate risk profile, and would like to set these funds aside for retirement in 20 years. You should

Select one:

a. invest in mutual funds managed by the asset allocation method.

b. put the money in a money market savings account.

c. buy preferred stocks with the opportunity of capital appreciation.

d. buy one-year GICs.

49-)

In non-registered accounts, investors in high tax brackets will normally prefer mutual funds that generate

Select one:

a. long-term stock dividends.

b. long-term capital gains.

c. short-term capital gains.

d. dividends.

55-)

Low credit scores may result in

Select one:

a. automatic acceptance of your credit application.

b. lower interest rates.

c. higher interest rates.

d. targeting by credit card companies.