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Investment and Risk Assessment

Total questions: 22

Worksheet time: 11mins

Name
Class
Date
1.

An investor concerned with a predictable source of income provided by an investment would choose:

a)

U.S. government securities.

b)

commodities.

c)

options.

d)

common stocks.

e)

speculative investments.

2.

Based on historical performance, which one of the following investments is most likely to provide an average return of 10 percent a year between now and the year 2035?

a)

U.S. Treasury bills

b)

Corporate bonds

c)

Stocks

d)

Options

e)

Zero-coupon bonds

3.

An investor purchased a stock they expect will provide them with a quarterly cash payment, although that payment is not guaranteed and can vary over time. What type of payment are they expecting to receive?

a)

Interest

b)

Capital gain

c)

Dividend

d)

Tax rebate

e)

Option premium

4.

Which one of these is not an example of systematic risk?

a)

War

b)

Inflation

c)

Political activity

d)

Decline in the auto industry

e)

Increasing interest rates

5.

Which of the following is not true of mutual funds?

a)

Mutual funds range from very conservative to extremely speculative investments.

b)

They do not offer diversification.

c)

They can be used for retirement accounts.

d)

This investment may provide professional management.

e)

A mutual fund pools the money from many investors.

6.

Many financial planners recommend that you choose a mutual fund with an expense ratio of:

a)

1 percent or less

b)

2 percent or less

c)

3 percent or less

d)

4 percent or less

e)

5 percent or less

7.

The current market value of a mutual fund’s portfolio minus the mutual fund’s liabilities equals a figure, that when divided by the number of shares outstanding, results in the

a)

book value

b)

outstanding balance

c)

expense ratio

d)

accounting value

e)

net asset value

8.

Kay Powers wants to diversify her portfolio by investing in a firm that has the potential to earn above average profits compared to other firms in the economy. What type of stock is Kay thinking about adding to her portfolio?

a)

Defensive stock

b)

Cyclical stock

c)

Small cap stock

d)

Blue chip stock

e)

Growth stock

9.

Assume that you purchased 100 shares of a stock for 50ashare,thatyoureceivedanannualdividendof50 a share, that you received an annual dividend of 2.50 a share, and that you sold your stock for $60 a share at the end of one year. What is the total return on your investment?

a)

$200

b)

$1,000

c)

$1,250

d)

$1,500

e)

$2,200

10.

The stock exchange known to trade stock for innovative, forward-looking growth companies is the:

a)

A) NYSE.

b)

B) NASDAQ.

c)

C) American Stock exchange.

d)

D) S&P 100.

e)

E) STSE.

11.

Earnings per share for a stock investment is calculated as:

a)

after-tax income divided by the number of stockholders.

b)

the number of stockholders divided by after-tax income.

c)

after-tax income divided by the number of shares outstanding.

d)

the number of shares outstanding divided by after-tax income.

e)

None of these

12.

The dividend yield for a stock investment is calculated by dividing:

a)

the annual dividend amount per share by the investment’s past price per share.

b)

the annual dividend amount per share by the investment’s current price per share.

c)

the annual dividend amount per share by the investment’s future price per share.

d)

the investment’s past price per share by the annual dividend amount per share.

e)

the investment’s current price per share by the annual dividend amount per share.

13.

If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally:

a)

increase in value.

b)

decrease in value.

c)

remain unchanged.

d)

become worthless.

e)

be returned to the corporation.

14.

A corporate bond rated B by Moody's would be suitable for:

a)

every investor.

b)

very cautious investors.

c)

speculators.

d)

no one because the bond issue is in default.

e)

investors who are highly dependent upon the interest income.

15.

Together, all the different management fees, 12b-1 fees, and additional operating costs for a specific fund are referred to as a(n):

a)

investment ratio.

b)

expense ratio.

c)

financial ratio.

d)

expense turnover.

e)

management ratio.

16.

A mutual fund that invests in stocks issued by companies with a long history of paying dividends is called a(n) (a)   fund.

Choose from the below words

balanced

equity income

industry

money market

17.

A mutual fund that invests in stocks and bonds with the primary objectives of conserving principal, providing income, and long-term growth is called a(n) (a)   fund.

Choose from the below words

balanced

growth

industry

money market

18.

Joseph Carter is buying shares in a mutual fund that is investing in stocks throughout the world, including the United States. What type of mutual fund is this?

a)

Aggressive-growth fund

b)

Equity income fund

c)

Global stock fund

d)

International fund

e)

Regional fund

19.

Sloan Richards is buying shares in a mutual fund that invests in companies with a total capitalization of less than $2 billion. What type of mutual fund is this?

a)

Socially responsible fund

b)

Sector fund

c)

Small cap fund

d)

Index fund

e)

Growth fund

20.

Nathan Fuller is buying shares in a mutual fund that invests in the exact same companies as those found in the Standard & Poor’s 500. What type of mutual fund is he buying?

a)

Socially responsible fund

b)

Sector fund

c)

Small cap fund

d)

Index fund

e)

Growth fund

21.

A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called:

a)

a dividend reinvestment plan.

b)

a buy and hold strategy.

c)

regulated transaction.

d)

dollar cost averaging.

e)

secured transactions.

22.

Which of the following is not true of index funds?

a)

Sometimes they are called "passive" funds.

b)

They do have managers that simply buy the securities in the index.

c)

They are a low-cost alternative to managed mutual funds.

d)

The S&P 500 index outperforms the majority of funds over many years.

e)

The typical expense ratio for index funds is 0.50 percent or more.