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FIN 101 Final Exam questions and correct answers

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A retirement account for Not- For- Profits is called? - correct answers 403- B The P/E ratio represents...... - correct answers Price of earnings An older person, perhaps age 80, would most likely have a portfolio including what particular stock? - correct answers Income Beta represents how much a company's stock price changes in relationship too..... - correct answers The stock market What is the phrase meaning the need to buy a smaller house upon retirement? - correct answers Downsize Government healthcare insurance for retirees is called? - correct answers Medicare What does IRA stand for? - correct answers Individual Retirement Accounts What is the judicial process where a court determines validity of a will? - correct answers Probate Bonds represent a _____ to the borrower - correct answers A liability Bonds represent a _____ to the investor - correct answers An Asset

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