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IM Test 2 Review

Total questions: 20

Worksheet time: 28mins

Name
Class
Date
1.

The ______ ______ of why a stock price changes is that the price movement of a stock indicates what investors feel a company is worth.

a)

principal theory

b)

principal meadows

c)

Stock Change

d)

Money Theory

2.

Who is the lender when it comes to bonds?

a)

you

b)

the bank

c)

your uncle vinny

d)

your broker

3.

What type of rate does a floating-rate bond have?

a)

fixed

b)

variable

c)

unlimited

d)

limited

4.

DCA is a technique by which, regardless of the share price, a _______ dollar amount is invested on a regular schedule.

a)

fixed

b)

varaible

c)

limited

d)

unlimited

5.

Paige is considering two investment opportunities for bonds. The taxable (corporate) one has a 8% interest rate, the tax-free (municipal) offers an 6% interest rate. Paige is in the 25% tax bracket. Which bond should Paige purchase?

a)

corporate

b)

either one since the yields are the same

c)

municipal

6.

Johnny Bananas buys 8 bonds with a face value of $1,000 each, a coupon of 4.5%, and a maturity of 5 years. How much in total interest will he receive from the bonds in 5 years?

a)

$2,925

b)

$1,800

c)

$2,500

d)

$5,750

7.

If you invest $25,000 today at 4% interest compounded annually, how much will you have in 5 years?

a)

$33,878.67

b)

$30,416.32

c)

$27,500.00

d)

$24,250.00

8.

Current risk-free rate = 6%

Expected S&P 500 return = 11%

Beta of risky stock ABC = 1.8 What is the Required (Expected) Return of ABC stock?

a)

20%

b)

15%

c)

12%

d)

11%

9.

Which statement is FALSE

a)

Most bonds pay interest semi-annually.

b)

Investing is gambling.

c)

A portfolio combines different assets mixed for the purpose of achieving an investor's goal.

d)

When you purchase a bond, you are lending out your money to a company or government.

10.

Which statement is FALSE

a)

Investors need to know how much volatility he or she can stand in their investments.

b)

The underlying principle of asset allocation is that the older you get, the less risk you should have.

c)

As a general rule, the longer your time horizon, the more conservative your portfolio should be.

d)

To correctly diversify, you should buy stocks that vary by industry.

11.

Which statement is FALSE

a)

Holding a company’s stock means that you are one of the many owners of the company.

b)

The Random Walk Theory says that stocks take a random and unpredictable path.

c)

Some examples of investment vehicles are stocks, bonds, mutual funds, & real estate.

d)

The amount of risk you can comfortably undertake is the same for everyone.

12.

Which statement is TRUE

a)

Being a shareholder of a company means you have a say in the day-to-day running of the business.

b)

Trying to time the market is an easy strategy.

c)

There is always risk when investing in stocks.

d)

There is generally more risk in owning bonds compared to owning stocks.

13.

Cash payment from profits announced by a company's board of directors and distributed among stockholders.

a)

Dividends

b)

Inflation

c)

Capital

d)

Speculation

14.

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

a)

Dividends

b)

Inflation

c)

Capital

d)

Speculation

15.

Financial assets or the financial value of assets such as cash.

a)

Dividends

b)

Inflation

c)

Capital

d)

Speculation

16.

Financial assets or the financial value of assets such as cash.

a)

Dividends

b)

Inflation

c)

Capital

d)

Speculation

17.

A measure of risk, or volatility.

a)

Beta

b)

stock

c)

compounding

d)

diversification

18.

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

a)

Beta

b)

stock

c)

compounding

d)

diversification

19.

The ability of an asset to generate earnings that are then reinvested and generate their own earnings.

a)

Beta

b)

stock

c)

compounding

d)

diversification

20.

A risk management technique that mixes a wide variety of investments within a portfolio.

a)

Beta

b)

stock

c)

compounding

d)

diversification