A zero coupon bond:Is sold at a discount to face value.Is worthless.Matures immediately.Always has a call feature.
Since the mid-1920s inflation in the United States has averaged:About 3 percent.About 7 percent.About 10 percent.About 12 percent
Variable life insurance:Offers tax deferral.May provide higher return potential and greater risk than a whole life policy.Allows you to invest a portion of the premium in various subaccounts.All of the above.
The strength of economic growth in the United States is reported as changes in the:The Gross Domestic Product (GDP).The National Association of Securities Dealers Index (NASDAQ).The Dow Jones Industrial Average (DJIA).The Wealth Index of Investments and Inflation (WIII).
Credit cards:Are a cost effective way of financing investment purchases.Have interest payments that are not tax deductible.Typically have lower interest rates than home equity loans.Often have 3 month grace periods on new purchases.
Determining total return typically utilizes the:Inflation-adjusted annual performance of all mutual-funds.Annual capital gain plus dividend payout of a stock or fund.Math skills learned in college-level calculus courses.Dividend yield on the Dow Jones Industrial Average.
Beta is commonly used as a relative measure of risk. It measures:Standard deviation of a stock’s price.The expected total returns of a diversified portfolio.The unsystematic risk component of an investment.The risk of a security or portfolio relative to the overall market.
For most Americans, taxes are due on:January 1.April 1.April 15.December 31.