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r.i.p my grades Test

Enter the letter for the matching Answer
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1.
There are main criteria credit bureaus use to determine your credit rating or score.
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2.
You purchased 300 shares of XYZ stock for $250 per share in January. In December, you sell it for $275 per share. How much will you earn or lose on this investment?
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3.
A federally sponsored corporation which insures accounts in national banks and other qualified institutions up to $100,000 is called the
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4.
Individuals are allowed to get a copy of their own credit report for free from these credit bureaus how many times a year?
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5.
A is a living space that is the same as a condo, but when you buy it you become a part owner of the building.
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6.
A is what you make or earn on an investment.
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7.
investments provide a guaranteed return or principal to the investor in addition to interest earned during the investment period.
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8.
You can only make a deposit when you open a
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9.
An investor owns 50 shares of Ford Company stock and its shares are trading at $30 per share. After a stock split, the investor owns 150 shares and the shares are trading at $10 per share. What was the stock split?
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10.
An is when the company makes a profit and then pays its investors a dividend based on that profit.
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11.
investments are in companies and governments who are well established, pay dividends and are known for their consistent growth. investments are generally in companies who have room for growth.
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12.
are normally used for various types of big ticket purchases individuals routinely make.
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13.
What are three basic types of housing?
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14.
A means the interest rate set at the time you take out the loan will be the interest rate you pay throughout the entire term of the loan
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15.
is an asset, usually what is being purchased, which the bank owns the rights to until the loan is paid in full
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16.
What are the five criteria for determining your credit rating?
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17.
The is the length of time the loan is set up for you to pay it back.
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18.
There are three areas you must consider when choosing an investment. They are:
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19.
An investor owns 550 shares of ABC Company stock and its shares are trading at $90 per share. The company does a stock split of 3:1. How many shares will the investor now own? What will be the price per share?
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20.
An investor owns 150 shares of Banana Republic Company stock and its shares are trading at $50 per share. After a stock split, the investor owns 300 shares and the shares are trading at $25 per share. What was the stock split?
A.
fixed rate
B.
cd
C.
fdic
D.
Personal Loans
E.
150 x ? = 300 shares Answer: 2:1 ratio
F.
50 x ? = 150 shares Answer: 3:1 ratio
G.
5
H.
limited risk
I.
co-op
J.
once
K.
return
L.
1. payment history 2. total amount owed 3. length of credit history 4. how much credit 5. what types of credit
M.
Liquidity, risk and return.
N.
income stock
O.
low risk
P.
550 x 3 = 1650 shares $90 / 3 = $30
Q.
Collateral
R.
300 x $250 = $75,000 82,500 - 75,000 = 7,500 300 x $275 = $82,500
S.
1.condo 2.co-op 3.single family
T.
term
Type the Answer that corresponds to the displayed Question.
incorrect
21.
A is basically an apartment which you buy.
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22.
The actual amount of money you borrowed from the lender for your purchase is called the
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23.
are named as such because they usually hold their value better during downturns in the economy and the capital markets.
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24.
Corporations have , just like individuals.
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25.
is another term for how much return the fund has earned in the past.
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26.
How much a person makes relative to how much they are obligated for is called
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27.
An may be a percentage of the loan or it may be a flat fee
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28.
represent a loan which is being made to a corporation or government entity by a group of investors.
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29.
A is a company which experiences growth and its stock value increases where the investor can make money when he decides to sell the stock.
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30.
investments are generally in companies who have room for growth.

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