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EPF18D

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

The Securities Industry Protection Corporation (SIPC) insures brokerage accounts up to ...

a)

$250,000

b)

$500,000

c)

$750,000

d)

$1,000,000

2.

This type of broker is essentially an order-taker

a)

Discount online broker

b)

full service broker

c)

Money manager

d)

Investment adviser

3.

Mutual fund fees can do what to your return?

a)

raise your return

b)

no impact on your return

c)

lower your return

d)

You get what you pay for

4.

Which of the two indexes (S&P vs. DOW) has had the higher return year over year since 1957?

a)

S&P 500

b)

Dow

c)

Neither - the return has been the same

5.

If I have a stock that pays a dividend of $0.50 per share each quarter and I have 300 shares, how much of a check do I receive each quarter?

a)

$15

b)

$150

c)

$7.50

d)

$75

6.

Can my portfolio rate of return be negative?

a)

Yes

b)

No

7.

Which of the following accounts is employer sponsored?

a)

Traditional IRA

b)

Roth IRA

c)

401K

d)

501c3