Financial Literacy 4.8.2 Test

A portion or share of ownership in a corporation is called a bond

A single-unit investment comprising various stocks, bonds, and other investments is called a mutual fund

The value of a bond that is paid back at maturity is known as face value

NASDAQ is the name of the computerized system that provides price quotations for various stocks traded on the market

A piggy bank offers the least amount of liquidity.

Ty bought 20 shares at $20 each and he sold them for $15 each. This is an example of capital gain.

I need to be able to apply all of the dif. equations that I have learned during the unit. (there are a lot of app quest)

Compared to basic savings accounts, CDs are less liquid and have higher interest rates.

A savings account that pays interest every 3 months has a monthly interest period.