Personal Finance: Chapter 12 Review

Personal Finance: Chapter 12 Review

12th Grade

21 Qs

quiz-placeholder

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Personal Finance: Chapter 12 Review

Personal Finance: Chapter 12 Review

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Dante Palacio

Used 10+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debenture (general obligation bond) is a corporate bond that has less risk than a mortgage bond.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The greater the risk of an investment typically yields the potential for a higher return to the investor.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To pay for a new school, a local government may issue a municipal bond.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sinking fund means a bond is losing value.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Naomi purchased a Kraft Foods bond with an S&P rating of "BBB". Her bond is best described as:

a. a risk-free bond

b. a junk bond

c. an investment-grade bond

d. a speculative bond

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A typical corporate bond states all of the following facts about the bond EXCEPT ____.

the amount of interest dollars paid

the interest rate

the maturity date

its face value

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A mutual fund investor can gain all of the following types of income EXCEPT:

income dividends

capital gains

semi-annual interest checks

capital gain distributions

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