Question
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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