AND ANSWERS 100% PASS
Investors who seek, double (federal and state) tax -free income should invest in _______
bond funds. - ✔✔Single- State Municipal
When the stock market has bottomed out and is beginning to recover, the best portfolio
to own is the one with a beta of - ✔✔+2.0
Which of the following are specifically state in futures contracts
I. The quality of the commodity to be delivered
II. The quality of the commodity to be delivered
III. the exact price at which the commodity must be delivered
IV. the time and place at which the commodity must be delivered - ✔✔II,III, IV Only
Which of the following tend to raise interest rates?
I. An increase in the expected rate of inflation
II. An increase in the expected rate of inflation
III. federal reserve action taken to lower expected rates of inflation
IV. An increase in investing activities by businesses - ✔✔II,III,IV only
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, Which of the following signals that a market top or bottom is near? - ✔✔The relative
strength index
In commodities trading, open interest at the end of a trading day is equal to - ✔✔The
number of contracts presently outstanding
The returns on the stock of Def and GHI companies over a 4 year period are shown
below.
Year DEF GHI
1 8% 11%
2 12% 9%
3 -5% -9%
4 6% 13% - ✔✔DEF and GHI are somewhat positively correlated
An inverted yield curve - ✔✔Sometimes results from actions by the Federal Reserve to
control inflation
A holding period return is calculated by adding the current income to the capital gains
and dividing this sum by the _______ - ✔✔Beginning investment value
Stock quotes on the most internet service providers such as Yahoo Finance include
I. The highest and lowest price over the last 52 week
II. The closing price for the previous trading day
III. The opening price for the day
IV. Date of the most recent stock split - ✔✔I,II,III Only
Which of the following statements concerning mortgage backed securities are correct?
I. They are secured by a pool of residential mortgages
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