You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>BUSN</strong> <strong>380</strong> <strong>DEVRY</strong> <strong>WEEK</strong> 7 <strong>QUIZ</strong> <strong>LATEST</strong><br />
Downloading is very simple, you can download this Course here:<br />
http://mindsblow.us/question_des/<strong>BUSN</strong><strong>380</strong>DeVryWeek7QuizLatest/4483<br />
Or<br />
Contact us at:<br />
help@mindblows.us<br />
<strong>BUSN</strong> <strong>380</strong> DeVry Week 7 Quiz Latest<br />
<strong>BUSN</strong><strong>380</strong><br />
<strong>BUSN</strong> <strong>380</strong> DeVry Week 7 Quiz Latest<br />
1. Question : (TCOs 6 and 7) The Capitalist Mutual Fund’s portfolio is valued at $48 million. The fund<br />
has liabilities of $4 million, and the investment company sponsoring the fund has issued 1,600,000<br />
shares. What is the fund’s net asset value?<br />
$48.00<br />
$30.00<br />
$36.66<br />
$27.50<br />
$1<br />
Question 2. Question : (TCOs 6 and 7) A(n) _____ mutual fund is one in which no sales charge is paid<br />
by the individual investor.<br />
<br />
<br />
<br />
<br />
<br />
closed-end<br />
open-end<br />
no-load<br />
load<br />
convertible fund<br />
Question 3. Question : (TCOs 6 and 7) The All-Star Basic Value Fund’s portfolio is valued at $215<br />
million. The fund has liabilities of $5 million, and the investment company sponsoring the fund has issued<br />
15 million shares. What is the fund’s net asset value?<br />
$14.33<br />
$14.00<br />
$21.50<br />
$21.00<br />
$3.00
Question 4. Question : (TCOs 6 and 7) A(n) _____ fund is a mutual fund that invests in stocks issued by<br />
companies with a long history of paying dividends.<br />
<br />
<br />
<br />
<br />
<br />
balanced<br />
equity income<br />
industry<br />
sector<br />
money market<br />
Question 5. Question : (TCOs 6 and 7) A mutual fund that invests in the common stocks of companies<br />
in the same industry is called a(n) _____ fund.<br />
<br />
<br />
<br />
<br />
<br />
growth-income<br />
income<br />
sector<br />
small-cap<br />
money market<br />
Question 6. Question : (TCOs 6 and 7) The two real estate investment classifications consist of<br />
<br />
<br />
<br />
<br />
<br />
participating or nonparticipating.<br />
common or preferred.<br />
cumulative or noncumulative.<br />
direct or indirect.<br />
None of the above<br />
Question 7. Question : (TCOs 6 and 7) Single-family houses are typically expected to observe the<br />
following pattern.<br />
<br />
<br />
<br />
<br />
<br />
Values tend to rise, providing a possible hedge against inflation.<br />
Values rise less than the Consumer Price Index.<br />
Values remain stable in the northern parts of the United States.<br />
Values tend to rise in New England states, but decline in the South.<br />
Values remain unchanged in the United States.<br />
Question 8. Question : (TCOs 6 and 7) Which REIT pools money to finance construction loans?<br />
<br />
<br />
<br />
<br />
<br />
Mortgage REIT<br />
Compound REIT<br />
Hybrid REIT<br />
Simple REIT<br />
Equity REIT<br />
Question 9. Question : (TCOs 6 and 7) You should invest in _____ if you want a risk-proof real estate<br />
investment.
REITs<br />
real estate limited partnerships<br />
participation certificates (PCs)<br />
real estate syndicates<br />
Post Office buildings<br />
Question 10. Question : (TCOs 6 and 7) You have purchased a condominium in Orlando, FL in order to<br />
rent out rooms to vacationers. What type of investment have you made?<br />
<br />
<br />
<br />
<br />
<br />
Direct investment in real estate<br />
Indirect investment in real estate<br />
Investment in precious metals<br />
Investment in collectibles<br />
Investment in gems<br />
Question 11. Question : (TCOs 6 and 7) By the time you reach your _____ birthday, you should have<br />
established a comprehensive retirement plan.<br />
<br />
<br />
<br />
<br />
<br />
25th<br />
35th<br />
45th<br />
55th<br />
65th<br />
Question 12. Question : (TCOs 6 and 7) The average life expectancy of a woman at age 65 is<br />
<br />
<br />
<br />
<br />
<br />
9 years.<br />
16 years.<br />
13 years.<br />
11 years.<br />
19 years.<br />
Question 13. Question : (TCOs 6 and 7) If your mortgage is largely or completely paid off, then you may<br />
be eligible for a<br />
<br />
<br />
<br />
<br />
<br />
reverse mortgage annuity.<br />
variable annuity.<br />
mortgage advance.<br />
regional-based annuity.<br />
mortgage package.<br />
Question 14. Question : (TCOs 6 and 7) The of division of pensions in a divorce situation primarily<br />
depends on the _____.<br />
<br />
<br />
length of the divorce period<br />
husband’s generosity
length of the marriage<br />
judge’s decision<br />
Question 15. Question : (TCOs 6 and 7) When you retire, which one of the following expenditures is<br />
likely to decrease?<br />
<br />
<br />
<br />
<br />
<br />
Medical expenses<br />
Insurance expenses<br />
Clothing expenses<br />
Expenses for leisure activities<br />
Gifts and contributions<br />
Question 16. Question : (TCOs 6 and 7) Estate planning involves all but which of the following?<br />
<br />
<br />
<br />
<br />
<br />
Managing your property while you are alive<br />
Dealing with what happens to that property after your death.<br />
Your family’s financial security in the event of your death<br />
Your family’s financial security in the event of your spouse’s death<br />
Deciding on working part time into retirement age<br />
Question 17. Question : (TCOs 6 and 7) _____ refers to what Gerald Wilkins has in his possession and<br />
owns, including a home worth $250,000, a car worth $15,000, various investments worth $600,000, and<br />
other personal assets worth $25,000.<br />
<br />
<br />
<br />
<br />
<br />
A trust<br />
A will<br />
An estate<br />
Probate<br />
None of the above<br />
Question 18. Question : (TCOs 6 and 7) If you do not have a valid will when you die,<br />
<br />
<br />
<br />
<br />
<br />
the IRS confiscates your property.<br />
the federal court decides how the property should be distributed.<br />
your relatives or friends will get the property.<br />
your local custom will determine how the property is distributed.<br />
the state’s law of descent and distribution becomes your will.<br />
Question 19. Question : (TCOs 6 and 7) Which is a will that leaves everything to your spouse when you<br />
die?<br />
<br />
<br />
<br />
<br />
A stated dollar amount will<br />
A traditional marital share will<br />
An exemption trust will<br />
A simple will
Question 20. Question : (TCOs 6 and 7) Under a(n) _____, everything will pass to your spouse when<br />
you die, with the exception of an amount equal to the exemption, which passes into trust.<br />
<br />
<br />
<br />
<br />
<br />
simple will<br />
traditional marital share will<br />
exception will<br />
stated dollar amount will<br />
exemption trust will
Change language