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Question 1 of 10
1. Question
In saving and consumption. Define the exchange rate ratio of PV and FV.
Correct
It is used to solve the relationship between the desired consumption and the required savings.
Incorrect
It is used to solve the relationship between the desired consumption and the required savings.
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Question 2 of 10
2. Question
What shall be the savings of a person earning a salary of $45,000 per year to maintain the standard of living after retirement, if α= 2?
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Question 3 of 10
3. Question
What shall be the savings of a person earning a salary of $50,000 per year to maintain the standard of living after retirement, if α= 11?
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Question 4 of 10
4. Question
If an IPO is going to take place, what is the average length of time does it normally end?
Correct
The steps that take place in those four to six months, particularly the final steps are related to price-setting mechanisms.
Incorrect
The steps that take place in those four to six months, particularly the final steps are related to price-setting mechanisms.
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Question 5 of 10
5. Question
Which of the following is a qualification listed in the Model Act?
Correct
The qualification according to the model act is to be 18 years old. Some states have implemented this qualification for PLMA.
Incorrect
The qualification according to the model act is to be 18 years old. Some states have implemented this qualification for PLMA.
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Question 6 of 10
6. Question
If a person has an incurable disease, will they be excluded from the benefits of employment?
Correct
ADA prevents all kinds of discrimination against people with any kind of disability in general.
Incorrect
ADA prevents all kinds of discrimination against people with any kind of disability in general.
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Question 7 of 10
7. Question
If TEFRA has been provoked, what event happened in the insurance plan?
Correct
TEFRA also Amends Age Discrimination in Employment Act (ADEA)
Incorrect
TEFRA also Amends Age Discrimination in Employment Act (ADEA)
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Question 8 of 10
8. Question
Which of the following statements is true about deferred annuities?
Correct
No matter what kind of annuity, payments will only begin when one full payment period has passed.
Incorrect
No matter what kind of annuity, payments will only begin when one full payment period has passed.
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Question 9 of 10
9. Question
Which of the following is a key feature of venture capital?
Correct
The venture capital is used only to start new businesses and not acquiring an existing business.
Incorrect
The venture capital is used only to start new businesses and not acquiring an existing business.
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Question 10 of 10
10. Question
What is the key difference between a venture capital firm and a buy-out firm?
Correct
The reason buy-out firms mostly target the middle market, thus them having a steady cash flow.
Incorrect
The reason buy-out firms mostly target the middle market, thus them having a steady cash flow.