Q1. Which of the following is true of corporate bonds compared to federal government bonds?

Select one:

a. They are short-term debt securities issued by large companies.

b. They have long-term maturity dates at the option of the buyer.

c. They pay higher interest rates because they have higher default risk.

d. They offer protection against inflation.

Q 2. Which of the following conditions will not reduce your taxes in any way?

Select one:

a. Being blind

b. Child support payments established in the past fifteen years

c. Being over age 65

d. Being deaf

Question 3

Which of the following events normally should not trigger a review of your will?

Select one:

a. Changing to a new job

b. Death of a child

c. Moving to a new province

d. Marriage

Question 4

Computer systems that match up buyers and sellers of stocks, even at night when the other exchanges are closed, are

Select one:

a. the over-the-counter (OTC) markets.

b. the Montreal Exchange.

c. the Toronto Stock Exchange.

d. the regional stock exchanges.

Q5.

How much money to retain in a liquid form and how to allocate funds among short-term investment instruments is called

Select one:

a. money management.

b. credit management.

c. investment management.

d. liquidity management.