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56) Which of the following investments is the most liquid? 56) A) Municipal bond B) Interest-bearing checking accourt C) Corporate bond D) Certificate of deposit

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56) Which of the following investments is the most liquid? 56) A) Municipal bond B) Interest-bearing checking accourt C) Corporate bond D) Certificate of deposit E) Preferred stock 57) If your monthly expenses total $2,000, you should save at least emergency fund before focusing on your investment program. 57) in an E)$1,000 S6,000 D) $4,000 C) $2,000 A) S10,000 58) According to some financial experts like Suze Orman, how much of an investment program should a 50-year-old have in growth investments? E)50% D) 30% C) 70% B) 40% A)60% 59) 96, Your tax 59) You are considering an investment in a municipal bond that has a yield of 4 rate is 25%. What is your taxable equivalent yield? B) 5.33% E) 4% D) 0.75% 9 4.25% A) 3.75% 60 60) Assume that you purchase a $1,000 bond issued by Harley-Davidson that pays 6% interest each year, paid every 6 months. What is the amount of each interest payment? E) $60.00 D) $3.00 C) $1,000 B) $30.00 A) $6.00 61)_ 61) To survive a crisis, you can take the following steps: A) notify your lenders if you are unable to make payments B) monitor the value of your investment and retirement accounts C) establish a larger than usual emergency fund D) know what you owe and reduce your spending E) All of the above 62) Amanda wants to be part of the most basic form of ownership for a corporation. She 62) should invest in A) Bonds. B) Common stock. C) Dividends. D) A savings account. E) A proxy

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