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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
$1,000
The value of the bond will not change.