SEC 4.2
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Questions and Answers

  1. 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.
    1. 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
    1. 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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