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Test bank for Fundamentals of Investing, 14th Edition by Scott B. Smart

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Fundamentals of Investing, 14e (Smart/Zutter) Chapter 1 The Investment Environment 1.1 Learning Goal 1 1) A non-interest bearing checking account is still considered an investment. Answer: FALSE ... Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role in shaping investment choices AACSB: Analytical thinking Question Status: Previous Edition Learning Goal: Learning Goal 1 2) Land and buildings are examples of real property investments. Answer: TRUE Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role in shaping investment choices AACSB: Analytical thinking Question Status: Previous Edition Learning Goal: Learning Goal 1 3) Since 1900, the average return on stocks has exceeded the average return on savings accounts by more than 6 percentage points. Answer: TRUE Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role in shaping investment choices AACSB: Analytical thinking Question Status: Previous Edition Learning Goal: Learning Goal 1 4) A United States Savings Bond is an example of an investment as defined in the text. Answer: TRUE Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role in shaping investment choices AACSB: Analytical thinking Question Status: Previous Edition Learning Goal: Learnin [Show More]

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