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$1,800
$3,600
$10,800
$21,600
$35,000
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
$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. 4. (TCO 5) Which of the following individuals should have
the highest tolerance for risk?
Joan Cummings, who is a single mother with two small children
Darren Carter, who works for American Airlines and is worried that
he is going to be laid off soon
Barry Parks, who is an investment banker and earns over $200,000
per year
Michael Clark, who is 74 years old and been retired for 6 years