A benchmark asset, commonly considered by investors to be risk-free:Treasury Bill (T-Bill).Share of preferred stock.A EurobondA junk bond.
The highest denomination of U.S. currency is:The $20 billThe $100 billThe $1,000 billThe $100,000 bill
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).
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.
Long-term care insurance:Is only for the very elderly.Can help protect assets from the cost of a nursing home stay.Is not necessary since Medicare always covers long-term care.Is always available regardless of your past health history.
Junk bonds:Are bonds issued by junk yards.Are sometimes called "high yield bonds."Are less risky than government bonds.Are not actually bonds.
Since the mid-1920s inflation in the United States has averaged:About 3 percent.About 7 percent.About 10 percent.About 12 percent
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.