Q1. If John's stock return was -1% and the TSX stock index had a 3% return, the excess return of John's stock above the market is

Select one:

a. -2 percent.

b. 2 percent.

c. 4 percent.

d. -4 percent.

Question 2

Low credit scores may result in

Select one:

a. automatic acceptance of your credit application.

b. targeting by credit card companies.

c. lower interest rates.

d. higher interest rates.

Question 3

If you invest $1000 in stock that pays no dividends and sell the stock exactly one year later for $1100, what will be your return? (Ignore commissions and trading fees.)

Select one:

a. 1 percent

b. 5 percent

c. 100 percent

d. 10 percent

Question 4

How much you can contribute to your RRSP depends on your

Select one:

a. length of time on the job.

b. other taxable investments made during the year.

c. age, residency, and tax status.

d. earned income and pension adjustment.

Q5. If your retirement plan has a vesting requirement, it must be

Select one:

a. a defined-benefit plan.

b. an employer sponsored retirement plan.

c. a locked-in retirement plan.

d. a defined-contribution plan.