Your friend tells you she just bought an investment that pays her some cash every year and that she thinks will go up in price in the next three years. The investment she purchased is a:

Select one:

a. Stock

b. Bond

c. Mutual Fund

d. Any of these could be correct

Which of the following securities is most likely to be appropriate for an investor with a long-time horizon and an appetite for risk:

Select one:

a. Money Market Mutual Fund

b. U.S. Treasury Note

c. Intermediate Bond Fund

d. Small Cap Growth Stock ETF