Correctly 2025/2026 Edition.
Which of the following was the price of MCD at the start of the trading day? - Answer
$113.72
113.29(0.0038) + 113.29
A bond issued and backed by the government is called a government ______. - Answer
security
A(n) ___ is an example of a commodity. - Answer gallon of milk
A(n) ______ traded company issues shares of ownership through stock offerings. - Answer
publicly
When interest rates go down, bond fund prices go up because ___. - Answer investors will
pay more for older bonds with higher interest rates
Dividing your money among multiple investments is the principle of ___. - Answer
diversification
A legal ______ is a group or organization recognized by the government as such. - Answer
entity
Match the statements with the business structures.
1. The work, risk, losses, and profits are divided between multiple owners.
2. Small businesses are the likely beneficiaries of this business structure that protects the owner
from personal liability.
3. The owner has freedom, but also has trouble getting loans and is subjected to personal