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FA-5.4-5.6: Investing Review

Total questions: 38

Worksheet time: 19mins

Name
Class
Date
1.

Which of these statements about stocks is FALSE?

a)

Owning a stock means you own part of a company

b)

Companies sell stocks to raise money for their business

c)

Stocks are guaranteed to increase in value over time

d)

Stock prices can be affected by things like the news and false rumors

2.

Davis is interested in starting to invest and asks their family and friends for tips. Who is providing sound advice on how to invest?

a)

Mom: “You’ve got to time the market. That’s how most people make money investing.”

b)

Franklin: “Trends are hard to predict, and that makes timing the market difficult.”

c)

Grandpa Joe: “You can look at a past trend in a stock and know how it’ll behave in the future.”

d)

Jane: “Always follow market trends - buy in a bull market and sell in a bear market.”

3.

If the price of the share grows as the company grows, how does buying shares in a company benefit an investor?

a)

An investor will be able to decide what the company sells and set the price

b)

An investor will be able to sell these shares for a higher price and make a profit

c)

An investor will be able to enjoy free services from the company they bought shares from

d)

An investor will be able to put the company on their resume

4.

What is the difference between a bear and a bull market?

a)

A BULL market is when the stock market is rising and the economy is booming, while a BEAR market describes a declining market and a receding economy.

b)

A BULL market is when there is a decline in the stock market and the economy is receding, while a BEAR market describes a rising market and a booming economy.

5.

Which adjective would best describe a BEARish investor attitude?

a)

Optimistic/Positive

b)

Pessimistic/Negative

6.

True or False: It is easy to predict trends in the stock market.

a)

True

b)

False

7.

What were the overall returns during the bull market from 1970 to 1973?

(a)  

8.

If you invested $100 at the beginning of that market, how much would you have had in 1973?

(a)  

9.

Imagine you invested $1000 at the beginning of the bull market in 1988 and got out right before the dot-com bubble burst in 2000 causing a recession. How much would your portfolio have been worth at that time?

(a)  

10.

Tori bought one share of Macy's stock on Nov 1, 2016 for $33.38. Four years later, she sold it and the closing price for that day was $5.09.

What is her rate of return?

(a)  

11.

Chadwick also bought one share of Macy's stock for $33.38 on Nov 1, 2016, but he sold it three years later for $13.54.

How much money did he gain/lose with this one share?

(a)  

12.

Tori bought one share of Chipotle stock on Nov 1, 2016 for $396.33. Then, four years later, she sold it at the closing price of $778.38.

How much money did she gain/lose with this stock?

(a)  

13.

Chadwick bought 50 shares of Chipotle stock on Nov 1, 2016 for $396.33 per share. He sold the shares four years later for $778.38 per share.

What did Chadwick pay for all of the shares in 2016?

(a)  

14.

Chadwick bought 50 shares of Chipotle stock on Nov 1, 2016 for $396.33 per share. He sold the shares four years later for $778.38 per share. 

What was the value of all of his shares four years later?

(a)  

15.

Chadwick bought 50 shares of Chipotle stock on Nov 1, 2016 for $396.33 per share. He sold the shares four years later for $778.38 per share. 

How much money did he gain/lose with this stock?

(a)  

16.

Sierra walks into a store and spends $12. If there is a 7% sales tax, how much did Sierra spend?

(a)  

17.

Ang finds a great sale on a new pair of headphones. The original cost was $89 but the item is 25% off. What is Ang's total bill?

(a)  

18.

Write an equation that represents the following situation

•Starting value = 125

•Rate = 6% growth per year

•Years = 10 years

Use the ^ symbol to represent an exponent.

(a)  

19.

Write an equation that represents the following situation

•Starting value = 200

•Rate = 2.5% decay per year

•Years = 5 years

Use the ^ symbol to represent an exponent.

(a)  

20.

Kendra’s aunt sent her $50 for her birthday 10 years ago.  At the time, Kendra wasn’t sure what she wanted to do with the money so she put it in a piggy bank and forgot about it.  She just found this $50 in the piggy bank when she was cleaning her room.  Over the past ten years, yearly inflation has averaged 2.46%.  How much is Kendra’s birthday money worth now?

(a)  

21.

If Kendra hadn’t found the money for 20 years, and the average inflation rate was 2.46%, what would be the purchasing power of the $50?

(a)  

22.

Sam is working his dream job as a graphic designer.  Sam’s starting salary was $55,000.  He is great at his job but has not received a raise since he started working 5 years ago.  What is the purchasing power of Sam’s $55,000 salary now, compared to 5 years ago, if the average inflation rate over the past 5 years was about 3.5%?

(a)  

23.

You make an investment where the balance over time can be modeled by the equation y = 32000(1.035)x, where x represents the number of years since the investment started and y represents your total balance after x years.

What is the rate of growth of your investment?

(a)  

24.

y = 100(0.96)x is an equation that can be used to represent the purchasing power of $100 after x years of inflation.  What is the rate of inflation used to make this calculation?

(a)  

25.

What are the three common assets considered in asset allocation?

a)

Stocks, bonds, and bond funds

b)

Stocks, bond funds, and mutual funds

c)

Stocks, real estate, and cryptocurrency

d)

Stocks, bonds, and cash

26.

The annual interest rate of a bond is called the ______ rate.

a)

Face value

b)

Coupon

c)

Maturity

d)

Discount

27.

All of these are ways diversification helps your investments EXCEPT...?

a)

Diversification minimizes the risk of one investment failing and ruining your whole portfolio

b)

Diversification ensures that if some investments are going down, others will be going up

c)

Diversification smooths out the volatility of stocks in an investing portfolio

d)

Diversification helps you adjust your investments to fit your changing life needs

28.

Select the best definition of a bond.

a)

A bond is ownership in a company.

b)

A bond is a sum of money paid regularly to its shareholders by a company. 

c)

A bond is an FDIC insured investment account.

d)

A bond is a loan to the government or a company that pays investors a fixed rate of return over a specified period of time.

29.

What does the term coupon mean (when related to bonds)?

a)

The timeframe of the bond

b)

The annual interest rate paid on a bond

c)

The face value of the bond

d)

The discounted rate of the bond when purchased

30.

Which is the highest bond rating?

a)

AAA

b)

BBB

c)

CCC

d)

DDD

31.

Why would someone invest in a bond with a low rating?

a)

Lower rated bonds typically have a higher coupon 

b)

Lower rated bonds typically have a lower coupon

c)

Lower rated bonds are typically less expensive 

d)

Lower rated bonds are typically more expensive

32.

What is a bond fund?

a)

A bond issued by a corporation to raise funds for a variety of reasons

b)

A bond that does not pay interest but is sold at a discount

c)

A mutual fund that invests in a variety of bonds

d)

A mutual fund that mimics a particular market index

33.

Bonds have less risk than stocks, but more risk than a savings account.

a)

True

b)

False

34.

Imagine you have a bond with ten years left until maturity, a face value of $1,000 and a 4% coupon rate. Interest rates recently rose to 6% and you want to figure out how it might impact the price of your bond. We will do some simple calculations, ignoring inflation, to see what might change.

How much would you be paid total in interest over the next ten years of holding the bond?

(a)  

35.

Imagine you have a bond with ten years left until maturity, a face value of $1,000 and a 4% coupon rate. Interest rates recently rose to 6% and you want to figure out how it might impact the price of your bond. We will do some simple calculations, ignoring inflation, to see what might change.

If you bought a new $1000, 10-year bond at today’s higher 6% coupon rate, how much would that bond be worth in total, including both principal at maturity and interest along the way?

(a)  

36.

What does the following describe:

Bonds with lower credit ratings and a greater chance of default, often issued by startups or struggling businesses

a)

HG Bnd: High grade bonds

b)

Lg Cap: Large cap stocks

c)

Int’l Stk: International developed stocks

d)

HY Bnd: High yield bonds

37.

What does the following describe:

Largest US companies, which have a market cap over $10 billion

a)

Lg Cap: Large cap stocks

b)

Sm Cap: Small cap stocks

c)

HG Bnd: High grade bonds

d)

Int’l Stk: International developed stocks

38.

What does the following describe:

Bonds with high credit ratings and lower risks of default, usually issued by stable companies

a)

HG Bnd: High grade bonds

b)

HY Bnd: High yield bonds

c)

AA: Asset Allocation Portfolio

d)

Lg Cap: Large cap stocks