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Unit 4 Review - Retirement

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Stockholders can lose all of their investment if the company fails or goes out of business?

a)

True

b)

False

2.

A capital gain becomes profit only when you sell the stock.

a)

True

b)

False

3.

Growth stocks typically pay the most certain and predictable dividends.

a)

True

b)

False

4.

Common stock can be issued without a par value.

a)

True

b)

False

5.

When interest rates are low, people tend to buy fewer stocks.

a)

True

b)

False

6.

Bull markets are usually short and savage, and stock prices may fall as much as 20 percent.

a)

True

b)

False

7.

An increase in the value of a stock over time is called a(n):

a)

Investment

b)

Dividend

c)

Captial gain

d)

Yield

8.

Stocks in young often small corporations that have higher overall risk than stocks of successful, long-established companies are called

a)

growth stocks

b)

defensive stocks

c)

blue chip stocks

d)

emerging stocks

9.

Current Profit / Purchase Price + Commission =

a)

Earnings per Share

b)

Net Yield

c)

Return on Investment

d)

Interest Rate

10.

The price for which a stock is bought and sold in the marketplace is called the

a)

par value

b)

market value

c)

yield

d)

dividend

11.

Which of the following is NOT a securities exchange?

a)

OFOTD

b)

NASDAQ

c)

NYSE

d)

All of the above are securities exchanges.

12.

The price of a share of stock dividend by the corporation's earnings over the past 12 months is the

a)

percent yield

b)

ROI

c)

earnings per share

d)

P/E ratio

13.

The use of long-term to earn a financial reward is called

a)

investing

b)

speculating

c)

gambling

d)

diversifying

14.

According to the Rule 72, if an investment of $5,000 is yielding an average of 6 percent, it will take ____ years of that investments to reach $10,000.

a)

6

b)

12

c)

36

d)

72

15.

This type of risk is caused by the business cycle

a)

interest-rate risk

b)

market risk

c)

political risk

d)

industry risk

16.

All of the following are wise investment practices except

a)

seek good investment advice

b)

keep good financial records

c)

define your financial goals

d)

make your decisions quickly to take advantage of the market.

17.

Which would be considered the lowest risk investment?

a)

a stock

b)

an annuity

c)

real estate

d)

a corporate bond

18.

The amount a bondholder will be paid at maturity is called:

a)

dividend

b)

face value

c)

yield

d)

market yield

19.

When bonds sell for more than their face value, they are selling at a:

a)

cut rate

b)

capital gain

c)

discount

d)

premium

20.

Bond prices

a)

tend to remain steadier than stock prices.

b)

tend to react in the same direction of stock prices.

c)

can never change once you've purchased a bond.

d)

are by law always lower than stock prices.

21.

An investment-grade bond

a)

offers the highest possible yield

b)

is highly speculative

c)

is considered the highest-quality, lowest-risk bond.

d)

has no rating at all.

22.

Many financial advisers suggest that you will need between ______ percent of your preretirement income to live comfortably.

a)

50 and 60

b)

60-75

c)

75-85

d)

95-100

23.

Because of inflation

a)

the cost of living goes down over time for seniors

b)

retired individuals sometimes find it dificult to maintain their standard of living

c)

price increases boost buying power

d)

all retired individuals need to work at part-time jobs.

24.

A Roth IRA differs from a traditional IRA in that

a)

earnings as well as contributions are taxed when you withdraw the money at retirement.

b)

there is no penalty for early withdrawal.

c)

contributions are taxed but earnings are not.

d)

contributions are not tax-deductible.

25.

A tax-deferred retirement plan available to small businesses is a

a)

Keogh plan

b)

defined-benefit plan.

c)

Simplified Employee Pension (SEP) Plan

d)

money market plan