If a bond is purchased at a price below the face value, the yield to

Please answer the 30 questions below with the correct answer from the choices listed below for each. I would greatly appericate if I could have this within an hour and will tip for a job well done. Thank you.

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?




Question 1




If a bond is purchased at a price below the face value, the yield to maturity is:


greater than the stated interest rate.


the same as the stated interest rate.


less than the stated interest rate.




of no significance.






Question 2




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


dollar cost averaging.


dividend reinvestment plan.


buy and hold technique.


regulated transaction.


secured transaction.






Question 3




A stock that sells for less than $1 per share is called a:


fractional stock.


penny stock.


dollar stock.


ten-dollar stock.


bad investment.






Question 4




Which one of the following expenditures for retirees is likely to decrease?


clothing expenses


insurance expenses


medical expenses


expenses for leisure activities


gifts and contributions






Question 5




During your retirement, your employer’s health insurance plan and Medicare will cover your medical expenses.










Question 6




What is likely to be an individual’s single biggest asset?


Their automobile


Their jewelry


Their bank account


Their home


None of the choices






Question 7




With an open-end credit, you pay back one-time loans in a specified period of time in equal amounts.










Question 8




Which of the following is most likely not a valid reason for using credit?


Borrowing for a stay in a hospital because of appendicitis


Borrowing to purchase a car so that you can go to work full time


Borrowing to buy a printer for your home office now because you now it will be twice as expensive in two years


Borrowing to pay for your expensive dinner and movie every week


All of the choices are valid reasons for using credit






Question 9




Gordon Carey uses his Visa card to purchase a new digital camera and lens. What type of credit did Gordon use?


Installment sales credit


Installment cash credit


Single lump sum credit


Revolving credit


Incidental credit






Question 10




For most mutual funds, the net asset value is calculated:










whenever an investor calls and requests a price quote.






Question 11




Which of the following is an advantage of an exchange traded fund (EFT)?


No minimum investment amount


Shares can be bought and sold through a broker at any time at the current price


Management fees are often lower


Can use limit orders to purchase EFTs


All of the choices are advantages of EFTs






Question 12




For a mutual fund, the turnover ratio measures:


the length of time a manager has been in charge of the fund.


the amount of profit the fund earns from one investment period to the next.


the number of months the average investor holds the fund before selling.


the percentage of a fund’s holdings that have changed during a 12-month period.


the percentage of institutional investors who own the fund.






Question 13




Grady Perdue has assets worth $1,500,000 and has written a legal document that specifies that all of his money go to his children. After he dies, there is a legal process to determine whether his document specifying how his assets be divided is valid. This is also the legal process by which his executor manages and distributes his property. What is this legal process called?


An estate


A will


A trust




None of the choices






Question 14




A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
















Question 15




A legal document authorizing someone to act on your behalf is called a:






power of attorney.










Question 16




A prime reason for buying an annuity is to:


save money for college education


start a new business


accumulate funds to invest in stocks


give you retirement income for the rest of your life


get rich quick






Question 17




Who has the greatest need for life insurance?


households with small children


singles living alone


singles living with parents


dual income couple








Question 18




Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. What type of life insurance company has he gone to?


A stock life insurance company


A debt life insurance company


A mutual life insurance company


An exclusionary life insurance company


None of the choices






Question 19




Automobile liability insurance covers the insured when he or she is held responsible for losses suffered by others.










Question 20




In times of high inflation, personal incomes generally keep up with the rate of inflation.












Question 21




Similar to corporate shareholders, holders of mutual funds have a say in running the company, since they have equity interest in the pool of assets and a residual claim on the profits.












Question 22




Savings is the accumulation of excess funds by intentionally spending less than you earn.










Question 23




A business cycle is a pattern of economic activity that includes an expansion, peak, contraction, and trough.










Question 24




High-demand occupations tend to pay low salaries.










Question 25




The most expensive loans are available from:








finance companies.


credit unions.




Question 26




Frank Wert wants to get a lower interest rate on his loan for the purchase of a new boat. He uses the boat as collateral for the loan. In which way is Frank reducing his lender’s risk?


He is sharing the interest rate risk with his lender


He is pledging valuable assets that can be seized if the loan is not repaid


He is taking a larger stake in the asset he is purchasing


He is repaying the loan over a faster period of time


None of the choices






Question 27




There are no costs involved in filing for a bankruptcy.










Question 28




Kevin Brown rides his bicycle to work so that he doesn’t have to worry about getting in a car accident. How is Kevin managing his risk?


Answer Risk Avoidance


Risk Reduction


Risk Assumption


Risk Shifting


Risk Creation






Question 29




Negligence refers to:


Answer failure to take ordinary and reasonable care.


cancellation of insurance.


property damage.


high risk insurance coverage.


common hazards in our society.




3.33 points


Question 30




Using a home security system is an example of ____________ risk.


Answer shifting









Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more