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Scenario: You are 40 years old, Your investment portfolio currently consists of: (1) a savings account, with a $18,000 balance, (2) certificates of deposit (CDs)

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Scenario: You are 40 years old, Your investment portfolio currently consists of: (1) a savings account, with a $18,000 balance, (2) certificates of deposit (CDs) worth $27,000, and (3) an investment portfolio consisting of 40% bonds, 40% equities, and 20% cash and cash equivalents. Your bonds are thirty-year U.S. government bonds, while your equities are made up solely of your employer's stock. Your cash holdings tonsist of your savings account and CDs. Your employer's stock paid a 1% dividend and its market value has increased 10% over the last year. The bonds have paid 5.0% interest. The rate of inflation is 3.0%. Your investment goals are mainly focused on retirement, and you have no large purchases planned in thi short term. The value of your current investment portfolio is . This consists of in cash and cash equivalents, bonds, and in equities. Given the existing composition of your investment portfolio, how would you characteristic your investment strategy? Is it conservative, moderate, or aggressive? The investment strategy is moderate. The investment strategy is conservative. The investment strategy is aggressive: Glven the existing composition of your investment portfolio, how would you characterize your risk tolerance? Are you risk averse, risk neutral, or risk seeking? You appear to be risk seeking. You appear to be risk neutral. You appear to be risk averse. Think about the government bonds in your portiolio. To what kind of risk are you most susceptible because of this investment? Business failure risk Marketability risk Foreign exchange risk Infiation risk Liquidity risk The real return on your government bonds is Think about the stock in your investment portfolio. To what type of risk (or risks) are you most susceptible? Both market (systematic) and random (unsystematic) risks Only random, or unsystematic, risk Only market, or systematic, risk Pure risk Only llquidity risk Do you perceive a deficlency of some type in your equity holdings, and if so, of what type? Yes, my current equity holdings are inadequately diversified No, my current equity holdings are appropriately diversified No, it is better to invest in one company that you know really well than in companies you don't know as well Yes, according to the concept of asset allocation, I have too much stock in my portfolio Consider the following table of recommended asset allocation percentages of cash/bonds/equity: If you believe that the allocation of assets in your portfolio should be modified to meet your retirement needs, then it is recommended that you holding of: Check all that apply. Cash and cash equivalents be decreased Bonds be decreased Equities be decreased Bonds be increased Equities be increased Cash and castr equfyatents be increased Financial experts recommend that you should review and rebalance your investment portfolio at least once every Which of the following statements is true regarding the dollar-cost averaging strategy? Check all that apply. An advantage of dollar-cost averaging is that it can reduce the average cost of purchased shares over a long investm For this strategy to be successful, you must be lucky and knowledgeable; discipline is irrelevant. Using this strategy, you can purchase a larger number of shares in a rising market than in a declining market. Dollar-cost averaging is successful in a rising, fluctuating, or declining market. An advantage of dollar-cost averaging is that it imposes-and requires-investor discipline. As a long-term investor, how should you respond to a bear market? Sell quickly to "stop the bleeding." Hold tight; do not sell, but do not continue investing. Continue with your investment plan; it is good to buy while the prices are low

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