FIN 324 Quiz 30 Finance Multiple Choice Questions
FIN 324 Quiz 30 Finance Multiple Choice Questions
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FIN 324 Quiz 30 Finance Multiple Choice Questions
- Exam (elaborations) • 10 pages • 2018
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- $20.49
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Question 1
If a bond is purchased at a price below the face value, the yield to maturity is:
greater than the stated interest rate.
the same as the stated interest rate.
less than the stated interest rate.
zero.
of no significance.
Question 2
A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called:
dollar cost averaging.
dividend reinvestment plan.
buy and hold technique.
regulated transaction.
secured transaction.
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