Question

Question 11

A stock transaction that is made immediately at the market price is made in the

Select one:

a. futures market.

b. futures options market.

c. spot market.

d. options market.

Question 12

Question text

Bonds

Select one:

a. are insured by the federal government.

b. are contracts to repay borrowed money at regular intervals.

c. are rated according to risk from A through G.

d. are a consistently low-risk investment choice.

Question 13

Question text

Which of the following statements is TRUE according to your information on using credit cards?

Select one:

a. There are no extra costs associated with borrowing money using credit cards.

b. All credit cards offer the same features.

c. All credit card holders have to pay off the total balance of their cards each month.

d. There are various extra costs invovled when using a credit card, including the cardholder's annual percentage rate.

Question 14

Question text

Investors who sign a contract guaranteeing them the option of selling shares of stock at a specified price in the future have agreed to a

Select one:

a. call option.

b. spot option.

c. put option.

d. push option.

Question 15

Question text

Junk bonds

Select one:

a. are issued by municipalities.

b. are usually tax-exempt.

c. carry a low rate of return.

d. are exceptionally risky.