MONETARY BUTCHER 3

MONETARY BUTCHER 3

University - Professional Development

20 Qs

quiz-placeholder

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MONETARY BUTCHER 3

MONETARY BUTCHER 3

Assessment

Quiz

Business, Specialty

University - Professional Development

Practice Problem

Hard

Created by

Kushala Prasad

Used 4+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An example of derivative security is

A common share of Relaince

A call option from TATA Motors

A bond provided any financial institution

None of the above

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A couple that is currently renting but is thinking about moving to another city in the near future should?

Buy if they can arrange a monthly mortagage payment less than their current rent.

Continue renting because the real estate is not easily convertible into cash and costly to buy and sell.

Buy because real estate will always increase value.

Continue renting because rental payments are tax deductible but mortgage interest payments are not.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is the best place to set funds aside for "surprise" expenditures?

The stock market

Your regular checking acount

A savings account

Ownwership of real estate

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

He is an American businessman, politician, philantrophist, and author.

Steve Forbes

ToM Steyer

Ross Perot

Michael Bloomberg

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Tom's goal is to buy a $500 stereo system by saving $50 a week from each paycheck for the next ten months. Which phrase BEST describes this goal?

Measureable, but not realistic

Realistic, but not measurable

Specific and time-bound

Realistic and time-bound

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Shannon always shops at Office Mall when she needs office/school supplies. This illustrates a decision made:

By following logical steps

From habit

On impulse

With options in mind

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

He is the CEO of one of the most recognisable goal oriented robo investor firms in the market. Identify the person and the firm which currently has $16.4 billion of assets under management. Guess the personality.

Nitin Kamath

Jon Stein

Dan Schulman

Edward Wible

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