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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
$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) Gina has recently become a widow with two
small children, and wants to make sure that both she and the children
are taken care of in the future. She received a check for $350,000 from