Question: A. market B. limit C. stop D. round E. discretionary 41. Estate planning is a definite plan for the administration and disposition of one's property
A. market B. limit C. stop D. round E. discretionary 41. Estate planning is a definite plan for the administration and disposition of one's property during one's lifetime and at one's death. True False 42. It True (False to modify your will when you divorce or remarry. 43. People are more likely to lose their incomes due to A. retirement B. C. a layoff D. disability E. war 44. Which type of mutual fund invests in high-yield, high-risk corporate bonds? A. Junk-bond fund B. Intermediate corporate bond fund C. Municipal bond fund D. Short-term government bond fund E, world bond fund 45 A convertible bot e o onst n cxchanhe owner's option, for a specifed True False 46. Ted Riley owns a vehicle worth $25,000 and a home worth $225,000. He has a checking account balance of $500, a savings account balance of $1,500, and a mutual fund worth $85,000. His personal assets are worth $90,000. He still owes $10,000 on his car, $100,000 on his home, and $1,000 on his credit card. What is Ted's net worth? A $538,000 B. $427,000 C. $316,000 D. $111,000 E. $136,000 47. Social Security should be the only source of your retirement income. True False 48. Which one of the following statements is false? A Investors purchase mutual funds for diversification
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