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Week 8 Quiz

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.
What is the stock market?
a)

A type of farmers market where people buy and sell food.

b)

A place where shares of businesses are bought and sol

c)

A special type of grocery store that sells stocks.

d)

A type of bank that gives out loans to new businesses.

2.
Approximately how much money was one share of Apple selling for last night?  Use the image to help you.
a)
213.05
b)
113.05
c)
33.05
d)
13.05
3.
You have $250 that you are willing to invest in Apple's stock.  If Apple's stock is selling for $113.05 a share, how many shares could you buy?
a)
1
b)
2
c)
3
d)
4
4.
The possibility of losing some or all of a particiular investment.
a)
risk
b)
index
c)
industry
d)
profit
5.
Represents shares of ownership in a company.
a)
stock
b)
portfolio
c)
volume
d)
industry
6.
A sum of money paid to shareholders of a corporation out of its earnings.
a)
index
b)
dividend
c)
profit
d)
invest
7.

Diversification is good because:

a)

It focuses investments on a single stock to take advantage of growth potential

b)

Index funds have higher fees than individual stocks

c)

Interest rates rise and fall

d)

It insulates the risk of investment

8.

Which of the following bonds has a lower risk: a corporate bond or a treasury bond?

a)

Corporate Bond

b)

Treasury Bond

9.

Manny has recently inherited a large sum of money. He wants to invest this money but also wants to minimize his overall risk. Which investment strategy should he use that divides investment funds across a variety of assets?

a)

Asset Allocation

b)

Averaging Down

c)

Diversification

d)

Dollar Cost Averaging

10.

This investment is similar to a mutual fund but can be traded via the stock market and can be bought and sold more than once per day.

a)

Mutual Funds

b)

ETFs

c)

Index Funds

d)

Bond Funds

11.

This type of investment allows individuals to buy a share of an already created diversified collection of securities like stocks, bonds, and other assets. They can be actively or passively managed and can only be bought or sold once per day because they have to manually recalculate the value of each share.

a)

Mutual Funds

b)

ETFs

c)

Stock

d)

Bond Funds

12.

Which of the investments loans money to governments and corporations?

a)

Mutual Funds

b)

ETFs

c)

Index Funds

d)

Bonds

13.

This is the most generic of the passively ran mutual funds. The S&P 500 is an example of this type of fund.

a)

Small Cap Emerging Markets Fund

b)

ETFs

c)

Index Funds

d)

Large Cap Domestic Funds

14.

A form of money that exists as encrypted, digital information. Operating independently of any banks and uses sophisticated mathematics to regulate the creation and transfer of funds between entities.

a)

Bitcoin

b)

Cryptocurrency

c)

Decentralized Application

d)

Circulating Supply

15.

How does one acquire

bitcoins?

a)

As payment for goods or

services.

b)

Purchase bitcoins at a

Bitcoin exchange.

c)

Exchange bitcoins with

someone near you.

d)

Earn bitcoins through

competitive bitcoin mining.

e)

all of the above

16.

What is the technology allowing cryptocurrency transactions to be secured?

a)

Cryptography

b)

Blockchain

c)

Cybersecurity

d)

Banks

17.

What is the coupon rate?

a)

The interest rate that a bond issuer will pay to a bondholder.

b)

The time at which payment to a bondholder is due.

c)

The amount to be paid to the bondholder at maturity.

d)

The total amount that the bond issuer has to pay each month

18.

Which investment contains the MOST risk?

a)

Mutual Funds/ETFs

b)

Stocks

c)

Bonds

d)

Cryptocurrency

19.
Your returns (or interest rate) are 9% a year. How long before your investment doubles?
a)
9 years
b)
8 years
c)
7 years
d)
They won't
20.

What is the rule of 72 used for?

a)

Estimating the time it takes for an investment to triple in value

b)

Estimating the time it takes for an investment to double in value.

c)

Determining the present value of an investment

d)

Calculating compound interest