All of the following investments are examples of "debt" investments EXCEPT: Corporate Bonds Gold Cash value of a whole life policy Certificates of deposit Fixed annuity The investment risk which deals with the upward or downward movement of the value of the investment based on the changes in the financial market is known as Risk of principal Market Risk Purchase Power Risk Interest Rate Risk The term which refers to the ability to convert an investment into cash without losing any of the principal is: Marketability Equity Liquidity Current Yield The type bond which is backed by a legal claim on some specific property of the issuer is called: Junior bonds Preferred bonds Convertible bonds Senior bonds Callable bonds Generally, if Bond A had a lower rating than Bond B, the yield on Bond A would be: Higher Lower The Same All of the following are advantages to the purchase of common stock EXCEPT: It can provide an income stream There is good marketability. There can be tax advantages for long-term purchases. The return is guaranteed by the issuing company Stocks whose movement tends to follow the business cycle of the economy as a whole are called: Large Cap stocks Cyclical stocks Growth stocks Speculative stocks Blue Chip stocks One of the disadvantages associated with the purchase of real estate as an investment is: Financial leverage may be used. Certain tax deductions may be available. It can create a hedge against inflation There is a lack of liquidity. The return on a mutual fund comes from: Dividend income Capital gains distributions Increase in share value above purchase price All of the above The commission structure in a mutual fund which features a "deferred sales charge" is known as : "A" shares "B" shares "C" shares All of the above
