Finance and Investment Quiz

When looking at stocks, what should you look at to give you the best idea of the total value of a company?

• Stock Ticker Symbol

• The price change

• Market Cap

• The opening and closing price for that day.

The amount of money which an individual or business must pay for an insurance policy for a defined time period is called the ...

• premium
• deductible

• policy

• coverage

The portion of a claim the policyholder must pay before the insurance company provides the benefits of the policy is called the .....

• premium

• coverage

• deductible

• policy

Which type of auto insurance is mandatory in the state of Texas?

• Liability
• Collision

• Comprehensive

• Dental

Insurance which covers damage to the policy holder’s car when it is involved in an accident is called...

• Liability

• Collision

• Comprehensive

• Dental

How many insurance quotes should consumers get in order to get a reasonable price?

• 2

• 3

• 4

• 0

Which statement is true about the relationship between risk and return?

• Investors expect to earn a lower return when they invest in a high risk asset.

• Investors expect to earn a higher return when they invest in a low risk asset.

• Investors expect to earn zero return when investing in a low risk asset.

• Investors expect to earn a higher return when they invest in a high risk asset.

Why is it important to start investing as soon as possible?

• Fees on investments are cheaper when you are younger.

• You have more time for your money to compound.

• You take less risk when you are young, so money will be safe

• Investing is an easy way to make quick money.

The market in which stock prices are increasing and more investors are buying stocks is called a ....

• Bear Market

• Farmer's

• Raccoon

• Bull Market

You bought 10 shares of stock in New Balance for $100 per share. Six months later you sold the 10 shares of stock for $125 per share. What was your profit or loss on New Balance stock?

• Profit of $1000

• Loss of $250

• Loss of $1000

• Profit of $250