Schedule for the order of components of your financial plan

Assignment Help Financial Management

Reference no: EM131589580

1. You wish to own stock while keeping your risk as low as possible. Which of the following actions would accomplish this goal?

a. Purchasing shares of Exxon and GM on margin

b. Purchasing U.S. Treasury securities

c. Purchasing a stock mutual fund

d. Purchasing shares of Exxon and GM

2. The best schedule for the order of the components of your financial plan would be

a. tax planning, managing liquidity, budgeting, financing large purchases, insurance, investing and estate planning

b. budgeting and tax planning, managing liquidity, financing large purchases, insurance, investing and estate planning

c. budgeting and tax planning, financing large purchases, managing liquidity, insurance, investing and estate planning

d. managing liquidity, budgeting and tax planning, financing large purchases, insurance, investing and estate planning

3. The longer you maintain relationships with one creditor, the lower your credit score will be.

True

False

4. The document that provides financial information about a mutual fund, including expenses and past performance, is the

a. financial statement.

b. prospectus.

c. annual report.

d. balance sheet.

5. You have $10 000 to invest now and can add $550 a month, have a moderate risk profile, and would like to set these funds aside for retirement in 20 years. You should

a. put the money in a money market savings account.

b. buy preferred stocks with the opportunity of capital appreciation.

c. buy one-year GICs.

d. invest in mutual funds managed by the asset allocation method.

Reference no: EM131589580

Questions Cloud

The lowest default risk and interest rate risk : Which of the following bond mutual funds has both the lowest default risk and interest rate risk?

What is the primary problem with dying intestate : What is the primary problem with dying intestate? Which of the following is not a cash outflow? Which of the following applies to the CPP?

The disadvantage of leasing vehicle : The least risky, lower interest paying bonds are. The disadvantage of leasing a vehicle is.

Describe the features of common stock : Briefly explain and discuss the difference between a call for sinking fund purposes and a refunding call. Describe the features of common stock.

Schedule for the order of components of your financial plan : You wish to own stock while keeping your risk as low as possible. The best schedule for the order of the components of your financial plan would be.

Based on specific mortgage amount-fixed interest rate level : The schedule that discloses the monthly payment that you will make, based on a specific mortgage amount, fixed interest rate level, and maturity is called a(n)

Auto insurance rates are based on : Which of the following is a credit management decision? Auto insurance rates are based on. A budget is not intended to help you determine.

What is the percentage change in the bond price : If the market yield changes by 75 basis points, what is the percentage change in the bond's price?

What way can trade credit policy increase supplier revenues : In what way(s) can trade credit policy increase a supplier’s revenues?

User Account

All Pages