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In general, the price of gold: is stable. fluctuates daily. changes monthly. is unaffected by political upheavals. is unaffected by economic conditions. The prices of

In general, the price of gold:

is stable.

fluctuates daily.

changes monthly.

is unaffected by political upheavals.

is unaffected by economic conditions.

The prices of single-family houses:

tend to rise over time, thereby acting as a hedge against inflation.

rise less than the Consumer Price Index.

always increase in value.

tend to be countercyclical, thereby acting as a hedge against the business cycle.

remain constant over time.

Common stock dividends are paid out of profits and:

must be approved by the firm's board of directors.

are guaranteed to be paid quarterly.

are paid prior to the firm's taxes.

usually paid semi-annually.

equal 100 percent of the firm's annual earnings.

Which one of the following statements is true?

When buying stock on margin, an investor borrows stock from the brokerage firm.

Usually, a bank arranges for the loan in a margin transaction.

Investors buy on margin because doing so offers them the potential for greater profits.

The margin requirement is established by the New York Stock Exchange.

The current margin requirement is 25 percent.

Which of the following is an advantage of an exchange traded fund (ETF)?

No minimum investment amount

Buying and selling shares through a broker at any time at the current market price

Low management fees

Using limit orders to both buy and sell

All of these are advantages of ETFs.

Which statement is not true about a letter of last instruction?

It is also known as after-death wishes.

It should contain details about your funeral arrangements.

It should contain names of people to be notified of your death.

It is legally enforceable in all states.

It should contain information about the location of your bank accounts.

Which one of the following statements is true?

Corporate bonds do not have a maturity date.

The maturity dates for corporate bonds are generally less than a year.

Corporate bonds do not have any default risk.

Corporate bonds are a form of equity.

Long-term corporate bonds have maturities over 15 years

Sorry the format is messed up...typed the questions in word hoping to make them easier but it didn't work :(

Thanks for the help!

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