Strayer FIN 215 Final Exam Part 2 with Answers
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FIN 215 Final Exam Part 2 (Strayer)
1. One of the more appealing features of a common stock is that stock investments
2. Market risk is often measured using
3. Corporate ownership is evidenced by
4. A high inflation rate would result in a high degree of
5. Bonds issued by subdivisions of the U.S. government but not guaranteed by the government are called
6. The ____ of a stock reflects stockholder confidence.
7. Advantages of exchange traded funds over mutual funds include all of the following except
8. Having money taken automatically from your paycheck and put into a mutual fund is an example of
9. Which of the following combines the operating characteristics of an open-end fund with some of the trading characteristics of a closed-end fund?
10. A mutual fund with an objective of both growth and income is a(n)
11. Advantages of exchange traded funds over mutual funds include all of the following except
12. Future fund performance is the real key to investment success with mutual funds. One important element to examine when attempting to predict a fund's future performance is the
13. A balanced fund that emphasizes growth in capital is called a(n)
14. Fully insured status requires 40 ____ of employment covered by social security.
15. Government research indicates that about ___ percent of households approaching retirement age have 401(k) accounts.
16. Workers who elect to retire early—at age 62—will receive reduced Social Security benefits, currently ________ of the full amount
17. ____ do not have to be covered by Social Security coverage.
18. If you withdraw funds from a pension plan before age 59, you will have to pay a ____ federal income tax penalty.
19. Which of the following has accounted for a growing amount of total retirement income?
20. When a father deposits cash in a bank account held jointly with his daughter, when is a give made?
21. When writing a will, you should seek the professional services of
22. Most commentators believe the annual exclusion amount from estate tax will be set at __________ for 2013.
23. The person who writes a will is called the
24. ____ would be a first-level death-related cost.
25. The living will states;
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