BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 39

Question 2. Question :
(TCO 5) Good advice for a potential
investor starting an investment program includes all but which of the
statements below?

Work to balance your budget.
Increase credit purchases and make installment payments in order to
increase cash available for investing.
Establish specific and measurable investment goals.

Start an emergency fund.

Establish a line of credit.
Question 3. Question :
(TCO 5) You currently hold a $1,000
corporate bond; however, if interest rates in the overall economy
increase, which of the following is most likely to be the market value
of this bond?
$900
$1,100
$1,000
The value of the bond will not change.
It is impossible to determine whether the bond's value will increase or
decrease.
Question 4. Question :
(TCO 5) Which of the following
individuals should have the highest tolerance for risk?