FIN2602 ASSIGNMENT 2 SOLUTIONS SEMESTER 2 2023.PASS GUARANTEED.

MEL

,QUIZ




Started on Wednesday, 2 August 2023, 6:28 PM
State Finished
Completed on Wednesday, 2 August 2023, 6:30 PM
Time taken 2 mins 33 secs
Marks 14.00/15.00
Grade 93.33 out of 100.00

Question 1
Correct

Mark 1.00 out of 1.00




Which one of the following options represents an advantage of robo-advice?



a.
Low-risk advice is given at a low cost.


b.
Hidden personal financial problems can be identified.


c.
Assistance with complex financial planning is possible.


d. Advice is given on a wide range of topics.
e.




Your answer is correct.
The correct answer is:
Advice is given on a wide range of topics.

, Question 2
Correct

Mark 1.00 out of 1.00




Which of the following statements are correct?
(a) During an economic recovery you should invest in commodities
(b) During an economic upswing you should invest in government securities
(c) During an economic downswing you should invest in commodities
(d) During a recession you should invest in new businesses
(e) During a recession you should invest in shares and property.




a.
a and b

b.
a, c and d


c. b, c and d

d.
b and d


e. a and e




Your answer is correct.
The correct answer is:
a and e