Section V – Knowledge Check 1. Which of the following is a U.S. stock market exchange:* A. NYSE B. Pink sheets network C. Over the counter market D. The primary market 2. The most important metric that affects stock prices is:* A. Market share B. Number of shares outstanding C. Stock splits D. Earnings 3. The stock market can:* A. Guarantee investors’ principal B. Generate guaranteed monthly income C. Act as a price mechanism D. Provide investors with consistent double-digit returns 4. The difference in yield between a Treasury note and a corporate bond is referred to as the:* A. Credit spread B. Yield curve C. Tax equivalent yield D. Credit risk 5. All of the following are types of bonds except:* A. Treasury notes B. Government agency bonds C. Municipal bonds D.Target date income securities 6. Bond values are _____________ correlated with interest rates:* A. Positively B. Inversely C. Not D. Rarely 7. The term business cycle is synonymous with the term _________________:* A. Growth cycle B. Contractionary cycle C. Economic cycle D. Bull market cycle 8. Between 1926–2018, which of the following asset classes/categories averaged over 11% per year?* A. Treasury bills B. Inflation C. Government bonds D. Small company stocks 9. According to the Rule of 72, if an investor earned 12% per year, their money would double every ____ years?* A. 6 B. 7.2 C. 1.67 D. Unable to determine without the tax rate 10. A framework of rules practices and process by which a board of directors manages affairs of the stakeholders is known as:* A. Fiduciary standard B. Corporate governance C. Shareholder primacy D. Corporate lobbying