Mutual funds pool money from investors to purchase


1. Monitoring liquidity includes tracking your

a. TFSA growth stocks.

b. bond mutual funds.

c. emergency funds.

d. RRSP balances.

2. You are single, rent an apartment and go to school part-time and work part-time. Which of the following are you most likely to need?

a. A will

b. Life insurance

c. A budget

d. Stockbroker

3. Of the following, which is not used in measuring a stock's return?

a. The dividends earned during the period owned

b. The price of the stock at the time of purchase

c. The price of stock at the time of sale

d. The average price of stock during the period owned

4. Mutual funds pool money from investors to purchase portfolios of investments.

True

False

5. Given the bank rate of 3.5 percent, and investment A that will pay 10 percent. What is the risk premium?

a. 13.5 percent

b. 7.5 percent

c. 0 percent

d. 6.5 percent

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Financial Management: Mutual funds pool money from investors to purchase
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