Stage 5 Testing 1:Multiple-Choice Questions
Now you will hear 10 questions about the information you heard in the lecture.Each question will be spoken two times,but it will not be written out for you.You must listen very carefully to each question.After hearing a question,you must read the four possible answer choices provided.You will then refer to your notes and select(a),(b),(c)or(d)—whichever is the best choice.
1.
(a)$1.30 trillion
(b)$4.84 trillion
(c)$6.96 trillion
(d)$22.3 trillion
2.
(a)1,216
(b)1,190
(c)1,164
(d)574
3.
(a)96,077
(b)69,770
(c)96,707
(d)69,077
4.
(a)An investment trust created in 1774
(b)An investment company created in 1822
(c)An investment company created in 1924
(d)None of the above
5.
(a)The risk is lower than other types of funds
(b)The return is higher than other types of funds
(c)The commission is lower than other type of funds
(d)The fund manager is more professionally trained
6.
(a)High-yield bond fund
(b)Term bond fund
(c)Municipal bond fund
(d)Index fund
7.
(a)To provide safety,income and more investment choices
(b)To provide professional expertise,high return and capital appreciation
(c)To provide a constant flow of income
(d)To provide capital appreciation,safety and a reasonable return on the investment
8.
(a)Because it has a high weighting of equity
(b)Because it is hard to determine which companies will keep growing fast
(c)Because it targets those company stock that are undervalued
(d)Because it is a portfolio of junk bonds
9.
(a)Lower price volatility
(b)Lower commission
(c)Both(a)and(b)
(d)None of the above
10.
(a)China
(b)South Africa
(c)Southeast Asia
(d)Property