Question 6. 6.( TCO 5) A $ 1,000 corporate bond pays 6.5 % a year. What is the annual interest you will receive?
$ 0.65 $ 6.50 $ 65.00 $ 1,060.50 $ 1,065.00
Question 7. 7.( TCO 5) Jeremy is 22 years old and single. He recently graduated from college and started his career making $ 30,000 a year. He has come to you asking for advice regarding a long-term investment program. What would you recommend?
Growth stocks Government bonds Corporate bonds Commodities A money-market fund
Question 8. 8.( TCO 5) Tracey Hernandez is 26 and has saved enough money for an emergency fund, along with an additional $ 4,500 for an investment program. She is single with no dependents and has a desire to retire at 65. What would best characterize Ms. Hernandez ' s investment goal?
Beta Income