FINA 3315 Exam 2 2025 Questions
and Answers 100% Pass
One characteristic of bond funds is the:
A.extremely aggressive trading approach.
B.requirement of a minimum initial investment of $5,000 or more.
B.high anticipated short − term growth potential.
D.fluctuation in value in response to changing interest rates. - ✔✔D. fluctuation in value
in response to changing interest rates.
The open interest at the end of the trading day indicates the number of contracts that
are open and have not been settled by delivery or by an offsetting transaction.
True
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,False - ✔✔True
In a semi − strong efficient market, traders with non − public information would have
no advantage over those who had only public information.
True
Flase - ✔✔False
Which type of fund is always passively managed?
A. an index fund
B .a closed − end fund
C. a value fund
D. a growth fund - ✔✔A. an index fund
One characteristic of most index funds is that such funds typically
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, A. have a very low − cost structure with respect to management fees and transaction
fees.
B. charge high front − end loads
.
C. produce a large dollar amount of realized capital gains every year.
D. are designed to "beat the market." - ✔✔A. have a very low − cost structure with
respect to management fees and transaction fees.
Madison believes that the leisure industry (resorts, travel, restaurants, etc.) is about to
experience extraordinary growth because baby boomers are entering their retirement
years. She should invest in
A. an aggressive growth fund.
B. a sector fund.
C.a fixed income fund.
D.an asset allocation fund. - ✔✔B. a sector fund.
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and Answers 100% Pass
One characteristic of bond funds is the:
A.extremely aggressive trading approach.
B.requirement of a minimum initial investment of $5,000 or more.
B.high anticipated short − term growth potential.
D.fluctuation in value in response to changing interest rates. - ✔✔D. fluctuation in value
in response to changing interest rates.
The open interest at the end of the trading day indicates the number of contracts that
are open and have not been settled by delivery or by an offsetting transaction.
True
COPYRIGHT © 2025 BY GRACE AMELIA, ALL RIGHTS RESERVED 1
,False - ✔✔True
In a semi − strong efficient market, traders with non − public information would have
no advantage over those who had only public information.
True
Flase - ✔✔False
Which type of fund is always passively managed?
A. an index fund
B .a closed − end fund
C. a value fund
D. a growth fund - ✔✔A. an index fund
One characteristic of most index funds is that such funds typically
COPYRIGHT © 2025 BY GRACE AMELIA, ALL RIGHTS RESERVED 2
, A. have a very low − cost structure with respect to management fees and transaction
fees.
B. charge high front − end loads
.
C. produce a large dollar amount of realized capital gains every year.
D. are designed to "beat the market." - ✔✔A. have a very low − cost structure with
respect to management fees and transaction fees.
Madison believes that the leisure industry (resorts, travel, restaurants, etc.) is about to
experience extraordinary growth because baby boomers are entering their retirement
years. She should invest in
A. an aggressive growth fund.
B. a sector fund.
C.a fixed income fund.
D.an asset allocation fund. - ✔✔B. a sector fund.
COPYRIGHT © 2025 BY GRACE AMELIA, ALL RIGHTS RESERVED 3
