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Questions and Answers
- All of the following would be a financial consideration except
A. income.
B. debt payments.
C. education.
D. home value.
- All of the following would be a financial consideration except A. income. B. debt payments. C. education. D. home value.
- income.
- debt payments.
- education (correct)
- home value.
- Which of the following is not a nonfinancial consideration?
A. Tolerance for risk
B. Marital status
C. This semester's tuition bill for a college sophomore
D. Attitudes about debt
- Which of the following is not a nonfinancial consideration? A. Tolerance for risk B. Marital status C. This semester's tuition bill for a college sophomore D. Attitudes about debt
- Tolerance for risk
- Marital status
- This semester's tuition bill for a college sophomore (correct)
- Attitudes about debt
- Which of the following is considered an illiquid investment?
A. An exchange-listed stock
B. An interest in an apartment building
C. A mutual fund
D. A 30-year T-bond
- Which of the following is considered an illiquid investment? A. An exchange-listed stock B. An interest in an apartment building C. A mutual fund D. A 30-year T-bond
- An exchange-listed stock
- An interest in an apartment building (correct)
- A mutual fund
- A 30-year T-bond
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