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Review 6A: Investing

Total questions: 30

Worksheet time: 18mins

Name
Class
Date
1.

All of the following are reasons to invest, EXCEPT…

a)

To minimize the impact on inflation, which causes you to lose purchasing power

b)

To earn a consistent rate of return with lower risk than typical savings accounts

c)

To build wealth by reinvesting your returns and allowing them to compound

d)

To earn higher average rates of return than you would in a typical savings account

2.

Which of the following statements BEST describes investing?

a)

Putting $100 per month into an FDIC-insured bank account for short-term goals

b)

Buying and selling stocks within the same day to take advantage of short-term price variation

c)

Reducing the purchasing power of your money over time

d)

Buying assets, like stocks, with the intention to hold them and grow your wealth over the long term

3.

An investor can best harness the power of compounding by doing all of the following, EXCEPT…

a)

Making frequent trades

b)

Starting to invest early

c)

Reinvesting earnings

d)

Minimizing risk

4.

Which of the following statements BEST describes the stock market?

a)

Businesses listing their entire company for sale

b)

Businesses selling partial ownership of their companies to raise capital

c)

Investors buying stock in hopes of being hired by companies

d)

People making donations to companies that need funding

5.

During a BULL market…

a)

Investors are pessimistic about how the stock market will perform

b)

The economy is not doing as well

c)

More investors are buying stocks, which causes stock values to increase

d)

The unemployment rate in the country increases

6.

Over time, the stock market has…

a)

Experienced highs and lows but increased in overall value

b)

Had slight ups and downs but stayed about the same in value

c)

Rarely experienced changes and has maintained the exact same value

d)

Gone through severe ups and downs with an overall decrease in value

7.

What is a stock?

a)

A measurement of a company’s profits

b)

An investment option that allows you to own a small piece of a company

c)

An annual report that includes details about a company’s leadership and earnings

d)

A low-risk savings option that can help you build an emergency fund

8.

When reading a stock quote, which of the following metrics would give you the best idea of the total value of the company?

a)

The stock ticker symbol

b)

The price change of the stock, quoted as a percentage

c)

The market cap

d)

The stock’s opening and closing price for that day

9.

Which of the following is TRUE about a stock split?

a)

Stock splits impact the overall value of a company

b)

Stock splits decrease the number of shares you own

c)

Stock splits indicate that a company is doing poorly

d)

Stock splits make a stock more accessible to a greater number of investors

10.

Which of the following most accurately describes what a bond is?

a)

A bond is a government loan made to an individual investor with the expectation that it will be paid back with interest

b)

A bond is an investment in which a corporation lends an individual investor money with the expectation that it will be paid back with interest

c)

A bond is a government loan made to a corporation with the expectation that it will be paid back with interest

d)

A bond is an investment in which an investor lends money to a corporation or government with the expectation that it will be paid back with interest

11.

Juan buys a bond with a fixed coupon rate of 3%. Six months later, similar bonds that are issued have a coupon rate of 4%. Which of the following is TRUE if he chooses to sell the bond before maturity?

a)

The price of Juan’s bond will increase

b)

More investors will be willing to buy Juan’s bond

c)

The interest rate of Juan’s bond will increase to reflect the current market

d)

The price of Juan’s bond will decrease

12.

One difference between bonds and bond funds is…

a)

Buying an individual bond is generally cheaper than buying a bond fund

b)

A bond fund can help you diversify your investment portfolio

c)

Bonds pay dividends to its investors

d)

You receive the principal amount you invest in a bond fund after a certain amount of time

13.

What does this fund primarily invest in?

See "Review 6A Attachments" in Canvas.

a)
  1. U.S. Treasury securities

b)
  1. An index of large-capitalization stocks

c)
  1. Corporate investment-grade bonds

d)
  1. An equal mix of stocks and bonds

14.
  1. What is a key risk of investing in this fund? 

See "Review 6A Attachments" in Canvas.

a)
  1. This fund invests in very speculative, small companies

b)
  1. You are guaranteed only a small amount of interest income each year

c)
  1. If interest rates increase, this fund could lose value

d)
  1. The fund tracks the S&P 500, which is a risky short-term investment

15.
  1. What are this fund’s total net assets?  

    1. See "Review 6A Attachments" in Canvas.

a)
  1. $4.07 billion

b)
  1. $6.8 billion

c)
  1. $9.2 billion

d)
  1. $11.325 billion 

16.
  1. Which benchmark is this fund tracking?

    1. See "Review 6A Attachments" in Canvas.

a)
  1. Vanguard Intermediate Term Treasury Fund Index

b)
  1. Bloomberg US 5-10 Year Treasury Index

c)
  1. Issuer Bonds Index

d)
  1. Vanguard Fixed Income Group Index 

17.
  1. What is the level of risk of this investment?

    See "Review 6A Attachments" in Canvas.

a)
  1. Lowest risk

b)
  1. Low risk

c)
  1. Medium risk

d)
  1. High risk

18.
  1. This fund’s expense ratio is _______. You would pay _______ in fees on a balance of $10,000.

    1. See "Review 6A Attachments" in Canvas.

a)
  1. 0.01%; $1

b)
  1. 0.20%; $20

c)
  1. 3.78%; $378

d)
  1. 4.07%; $407

19.
  1. What is the minimum investment for this fund?

    1. See "Review 6A Attachments" in Canvas.

a)
  1. $3,000

b)
  1. $5,271

c)
  1. $10,000

d)
  1. There is no specified minimum investment

20.
  1. If you invested $10,000 in this fund in January 2014, how much would it be worth in December 2023?

    1. See "Review 6A Attachments" in Canvas.

a)
  1. $10,000

b)
  1. $10,407

c)
  1. $11,325

d)
  1. $11,496

21.
  1. What was this fund’s rate of annual return in 2023?

    1. See "Review 6A Attachments" in Canvas.

a)
  1. 2.28%

b)
  1. 4.07%

c)
  1. 4.11%

d)
  1. 217%

22.
  1. In the last 10 years shown, how many years did this fund have NEGATIVE returns?

    1. See "Review 6A Attachments" in Canvas.

a)
  1. 0 years

b)
  1. 2 years

c)
  1. 5 years

d)
  1. 8 years

23.

All of the following are strategies to reduce risk EXCEPT…

a)

Holding your investments for at least five years

b)

Making sure your investments are diversified

c)

Hiring an investment manager who you think can beat the market

d)

Investing small amounts of money over longer periods of time

24.

Leaving your investments in the stock market alone for at least five years is a good way to reduce risk because…

a)

It allows your investments to earn more interest

b)

It keeps you from reacting to dips in the market and selling at too low of a price

c)

Fees are waived for investments held for over five years

d)

You get a bonus from the company if you invest for five years

25.

Which of the following is an example of diversification?

a)

Putting the majority of your money into a savings account and investing the rest

b)

Investing different amounts of money every month

c)

Purchasing shares of stock in a variety of companies and industries

d)

Using multiple investment managers to get different opinions

26.

  1. What is the average annual return if someone invested 100% in bonds?

  2. See "Review 6A Attachments" in Canvas.



(a)  

27.

  1. What is the average annual return if someone invested 100% in stocks?

  2. See "Review 6A Attachments" in Canvas.



(a)  

28.

  1. Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks.

  2. See "Review 6A Attachments" in Canvas.



(a)  

29.

  1. Calculate the range of potential annual returns if you invested 90% in bonds and 10% in stocks.

  2. See "Review 6A Attachments" in Canvas.



(a)  

30.

  1. Calculate the range of potential annual returns if you invested 50% in bonds and 50% in stocks.

  2. See "Review 6A Attachments" in Canvas.



(a)