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Stock market and exchange




Need help with finance quiz;Attachment Preview;FP101_Week_8_Quiz.pdf Download Attachment;University of Phoenix FP/101: Week 8 Quiz;Please complete the following quiz questions using the separate answer key worksheet. Be;sure to respond to all of the questions, and include your name in your answer sheet. Then, save;and upload your answer sheet only to the Week 8 Quiz assignment area.;There are 10 questions in the Week 8 Quiz and it is due by Sunday, 11/23/14. If you have any;questions, please contact your instructor. Do not leave your quiz to the last minute give;yourself the gift of time and a clear mind. Good luck!;1. Which of the following best describes dollar-cost averaging?;a. The process of investing an average of a dollar a day in a stock mutual fund;b. Investing an increasing dollar amount each month of the year;c. Timing the market so that you buy more when share prices drop;d. Investing a set dollar amount at regular intervals throughout the year;2. What should you do if you do not want to spend a lot of time managing your investments?;a. Get out of the game. Successful investing requires time and attention. If you do not have the;time to devote to it, you should not do it.;b. Invest in last years best-performing mutual fund.;c. Invest in an index fund or ETF that tracks the entire stock market.;d. Invest in bond funds and other stable-value funds.;3. How should you adjust your retirement saving strategy if you are uncomfortable owning stocks?;a. Invest a small amount each month in a savings or money-market account.;b. Plan on saving even more in conservative accounts than if you had invested in stocks, or;expect to live on less in retirement.;c. Plan on retiring at age 80 or later.;d. Invest in high-yield bonds with maturities of 10 years or more.;4. Which of the following is a good plan of action to take with your retirement plan when the stock;market is performing poorly?;a. Get out of stocks temporarily and shift back into them when the market stabilizes.;b. Subtract your age from 100 and put that portion of your investments in bonds.;c. Increase the amount you put into stocks and decrease your contributions to bonds and;stable-value funds.;d. Stay the course and continue to invest in your retirement plan.;5. Which of the following is a loan to a company or to the government on which you earn interest;until you receive your money back in a specified number of years?;a. A stock;b. A bond;c. A personal loan;d. A target fund;6. What one thing can have the biggest impact on a mutual fund's performance over time?;a. Its expense ratio;b. The track record of its manager;c. The sales load you paid when you bought it;d. The amount of money it holds;(continued on next page);7. Which of the following should you look for when evaluating mutual funds?;a. A small, back-end load;b. A small front-end load;c. No load and a low expense ratio;d. A small front-end load and a low expense ratio;8. Diversification reduces risk by spreading money among different investment types. A rule of;thumb is to subtract your age from 100 to determine how much of this investment type you should;own?;a. Bonds;b. Savings;c. Stocks;d. Target funds;9. Which type of fund automatically adjusts your investments based on when you will retire?;a. Target fund;b. Index fund;c. Mutual fund;d. Exchange traded fund;10. The following is one primary reason you should periodically rebalance your portfolio;a. Your financial advisor may move your holdings without you knowing.;b. Due to gains and losses, your percentage of investments in stocks, bonds, or certain types of;stocks and bonds can shift from your overall strategy.;c. You may choose to no longer invest any of your savings.;d. Due to changing economic conditions, your portfolio may be moved to a new manager.;University of Phoenix;FP/101;Week 8 Quiz


Paper#18265 | Written in 18-Jul-2015

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