FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
FIN 400/ Final Exam
- (Sub)classifications and objectives
- Use Morningstar to understand the investment style - ✔✔- ANS: Buying Mutual Funds:
Step 2 Determinants
- Agreed to in advance (worker credited percentage per year)
- Not very high (Grows at 30 year T-Bond rate) - ✔✔- ANS: Cash Balance Plan is...
- At one time with lump sum
- Rollover distributions to avoid tax - ✔✔- ANS: Annuity taxes can be paid...
- Buy direct (Phone/Internet)
- Buy through a mutual fund "supermarket" - ✔✔- ANS: Buying Mutual Funds: Step 4
Determinants
- Charge lower annual expenses but still pay trading commissions
- Are more tax-efficient than most
FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
,FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
- Allow investors to stake out an investment position
- Investors can make their move during the market's trading hour - ✔✔- ANS: Exchange
Traded Funds (ETFs):
- Common stock
- Bonds
- Sometimes preferred stock - ✔✔- ANS: Balanced mutual funds hold:
- Contributory
- Noncontributory - ✔✔- ANS: Characteristics of Defined-contribution plans
- Diversification
- Time dimension of risk - ✔✔- ANS: What to use when deciding what to do with
retirement funds?
- Dividend
- Capital gains
- Increase in NAV & number of shares - ✔✔- ANS: Mutual fund returns in form of:
- Goals and time horizon
- Reason for investing
- Tax deferred option
FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
, FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
- Risk tolerance - ✔✔- ANS: Buying Mutual Funds: Step 1 Determinants
- Government (GNMA)
- Municipal
- Corporate - ✔✔- ANS: Types of bond funds:
- Long-term growth
- Income
- Stability - ✔✔- ANS: Balanced mutual funds tries to balance objectives of:
- No loads
- Government securities
- Trade @ $1 constant NAV
- Minimal expense ratio
- Tax exemption - ✔✔- ANS: Money market mutual funds has:
- Profit-sharing Plan
- Money Purchase Plan
- Thrift & Savings Plan
- Employee Stock Ownership Plan (ESOP)
- 401K Plan - ✔✔- ANS: Types of Defined-contribution Plans
FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
FIN 400/ Final Exam
- (Sub)classifications and objectives
- Use Morningstar to understand the investment style - ✔✔- ANS: Buying Mutual Funds:
Step 2 Determinants
- Agreed to in advance (worker credited percentage per year)
- Not very high (Grows at 30 year T-Bond rate) - ✔✔- ANS: Cash Balance Plan is...
- At one time with lump sum
- Rollover distributions to avoid tax - ✔✔- ANS: Annuity taxes can be paid...
- Buy direct (Phone/Internet)
- Buy through a mutual fund "supermarket" - ✔✔- ANS: Buying Mutual Funds: Step 4
Determinants
- Charge lower annual expenses but still pay trading commissions
- Are more tax-efficient than most
FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
,FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
- Allow investors to stake out an investment position
- Investors can make their move during the market's trading hour - ✔✔- ANS: Exchange
Traded Funds (ETFs):
- Common stock
- Bonds
- Sometimes preferred stock - ✔✔- ANS: Balanced mutual funds hold:
- Contributory
- Noncontributory - ✔✔- ANS: Characteristics of Defined-contribution plans
- Diversification
- Time dimension of risk - ✔✔- ANS: What to use when deciding what to do with
retirement funds?
- Dividend
- Capital gains
- Increase in NAV & number of shares - ✔✔- ANS: Mutual fund returns in form of:
- Goals and time horizon
- Reason for investing
- Tax deferred option
FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
, FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
- Risk tolerance - ✔✔- ANS: Buying Mutual Funds: Step 1 Determinants
- Government (GNMA)
- Municipal
- Corporate - ✔✔- ANS: Types of bond funds:
- Long-term growth
- Income
- Stability - ✔✔- ANS: Balanced mutual funds tries to balance objectives of:
- No loads
- Government securities
- Trade @ $1 constant NAV
- Minimal expense ratio
- Tax exemption - ✔✔- ANS: Money market mutual funds has:
- Profit-sharing Plan
- Money Purchase Plan
- Thrift & Savings Plan
- Employee Stock Ownership Plan (ESOP)
- 401K Plan - ✔✔- ANS: Types of Defined-contribution Plans
FIN
FIN
FIN
400
400
400
Final
Final
Final
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
Exam.pdf~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!@)*#(&^$(***********)@@@@@@@@@@@@@@@@@@@(*$$$$$$$$$$$$$$$$)!
