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Question 1. 1.( TCO 5) If an investment objective is short term, this means that the goal should be achieved in what time frame?
Less than 6 months In 2 – 5 years More than 5 years A year or less None of the above
Question 2. 2.( TCO 5) If an investment objective is considered to be long term, then this means the goal should be achieved in what time frame?
Less than 2 years In 2 – 5 years More than 5 years Less than 1 year None of the above
Question 3. 3.( 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