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![### Financial Literacy Quiz - Investment Decisions
**Question:**
Which of the following is **not** something you need to invest for?
**Options:**
1. College education
2. Retirement
3. House purchase
4. Groceries
**Instructions:**
Select the option that best answers the question above.
---
**Explanation for Students:**
For this question, you need to discern which of the listed options generally do not require a focused or long-term investment strategy. Think about which expenses are recurring and part of daily or monthly budgets, versus those that are larger financial goals typically planned and saved for over time.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27d442d3-3a9d-460e-8ec5-75abd1f71fae%2F583ba8fa-459f-4e1c-bd96-898b20d7df62%2Fl4fjd4m_processed.jpeg&w=3840&q=75)
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- Write TRUE if the statement is right and FALSE if it is wrong: _____ 7. Cost Benefit Analysis (CBA is the process used to measure the benefits of a decision or taking action minus the costs associated with taking that action. _____ 8. Considering that the interest rate is high, investors are still motivated to borrow money to the bank and continue to expand their investment.SECTION E: ANSWER ONLY ONE QUESTION 1. "Economics and personal finance are intertwine". Outline and briefly discuss five reasons why to practice good financial management demands the understanding of economicsWhich of the following is NOT axioms of utility? A. Completennes B. Interdependence C. Continuity D. Innovation 2. What is the study of how investors react to certain ways to diversify a portfolio? A. Behavioral Finance B. Traditional Finance C. Utility Theory D. Trend Theory 3. What do you call an act and ways that are consistent with how the business world views moral principles and values? A. Ethical Behavior B. Organizational Factors C. Issues and Concerns D. Organizational Behavior
- "Knowing how to secure your financial well-being is one of the most important things you'll ever need in life. You don't have to be a genius to do it. You just need to know a few basics, form a plan, and be ready to stick to it. No matter how much or little money you have, the important thing is to educate yourself about your opportunities. At the SEC [Securities and Exchange Commission], we enforce the laws that determine how investments are offered and sold to you. These laws protect investors, but you need to do your part, too. No one can guarantee that you'll make money from investments you make." Use the excerpt from the SEC's Guide to Saving and Investing to answer the following. Be sure to write in complete sentences. Explain different types of investments and savings accounts and how they help your money grow over time. Describe the importance of government agencies, like the SEC, in protecting your investments.Your 13-year old cousin knows that you are in college and learning corporate finance. She is very interested in knowing about the time value of money and tells you: “Cousin, I want to be a millionaire and learn everything about the time value of money. I need you to explain some concepts that I read on the internet, but I don’t quite understand. 1.What is compounding and discounting? 2.What is the difference between them? 3.why should I be willing to invest in the promise that I will receive a future payment? 4.Does the answer depend on who is making the promise?"How is the planning at Ikea (as a company)?
- 1. Identify a company of your choice in Oman and write a brief detail about the company including their name, location, and the type of product they sell. 2.Assuming you are a Sales Consultant to the company, how best would you advise the company for their "business buying decision process"? Explain. 3. Do you think forecasting is important to the company? Briefly explain why?Question 1 a. What is the significance of a demand curve and a supply curve? b. Suppose $2,000 is borrowed at a simple interest rate of 8%. Calculate (i) the principal plus interest at the end of the 6th year? (ii) what will be the future value if the interest was compounded within the stated period? c. What is meant by the terms discounting and compounding? Why are these important in investment analysis? d. What is the difference between simple and compound interest? e. Compare the interest earned on $1,500 over: (i) 10 years at an interest rate of 8%, compounded yearly, and (ii) 10 years at an interest rate of 8%, compounded quarterly. f. Calculate the future value of the following investments. (1) $1,000 in 10 years at an interest rate of 8%, compounded annually. $15,000 in 8 years at an interest rate of 8%, compounded monthly. (ii)Which of the following statements is correct? a. Diversification is a useful method to reduce risk for a person who can divide up small amounts of a larger sum among a number of different choices. b. Flexibility is a useful method to reduce risk for a person who has to make all-or-nothing decisions by providing options to switch between choices as circumstances change over time. c. Real option arise in settings outside of financial markets. d. All of the above.
- 4 5. Canada’s prime minister, Justin Trudeau has declared that 60% of car sales will be electric by 2030 (8 years from now) and 100% of car sales by 2035. In 2018, only 8% of car sales were of electric cars. What information (benefits, costs) would you require to know if Trudeau’s goals are reasonable or desirable?#1 Why should a financial investor care about diversification? #2 Is investing in housing always a very safe investment?If you're authorized with some invested capital, what is the potential market that you're most interested in? Why you choose this market?
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