Which of the following investment options provides the highest potential return?

a) Government bonds

b) Treasury bills

c) Savings accounts

d) Small-cap stocks

61. A fiduciary duty requires a financial professional to:

a) Act in the best interest of their clients

b) Maximize their own personal gain

c) Follow the recommendations of their employer

d) Prioritize their own financial well-being

62. Which of the following investments is considered to have the highest liquidity?

a) Real estate

b) Collectibles

c) Money market funds

d) Precious metals

63. The rule of 72 is a quick method to estimate:

a) The annual percentage yield of a savings account

b) The time it takes for an investment to double in value

c) The tax implications of an investment

d) The expected return of a mutual fund

64. A stock's price-to-earnings (P/E) ratio is calculated by dividing:

a) The stock's current price by its dividend yield

b) The stock's current price by its earnings per share

c) The stock's current price by its book value per share

d) The stock's current price by its market capitalization