Quiz 1-6_JM. Queens University PATH 310
Quiz 1:
1 / 1 point
Kyle purchased some mutual funds 2 years ago for $7,000. He had
some emergency repairs he needed to do on his house and sold the
mutual funds. When he sold them he received $6,000. What type of
risk does this represent?
a) liquidity risk
b) interest rate risk
c) product risk
d) inflation risk
Group2
1 / 1 point
The Compea
...[Show More]
Quiz 1-6_JM. Queens University PATH 310
Quiz 1:
1 / 1 point
Kyle purchased some mutual funds 2 years ago for $7,000. He had
some emergency repairs he needed to do on his house and sold the
mutual funds. When he sold them he received $6,000. What type of
risk does this represent?
a) liquidity risk
b) interest rate risk
c) product risk
d) inflation risk
Group2
1 / 1 point
The Compeaus are planning to go on a cruise in 6 months time. What
type of goal is this?
a) short-term
b) intermediate
c) long-term
Group3
1 / 1 point
People who are in the age range of 20 to 35 are most concerned with
a) retirement savings.
b) house down payment.
c) managing their assets.
d) building wealth.
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