Questions from Personal Finance


Q: Explain the difference between dirty (full) and clean bond prices

Explain the difference between dirty (full) and clean bond prices? What is the significance of the difference in the prices for a bond buyer?

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Q: What are your legal rights and responsibilities when using EFTSs?

What are your legal rights and responsibilities when using EFTSs?

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Q: If growth, income, and capital preservation are the primary objectives

If growth, income, and capital preservation are the primary objectives of mutual funds, why do we bother to categorize them by type?

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Q: Why does it pay to invest in no-load funds rather

Why does it pay to invest in no-load funds rather than load funds? Under what conditions might it make sense to invest in a load fund?

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Q: Which one of the annuity distribution procedures will result in the highest

Which one of the annuity distribution procedures will result in the highest monthly benefit payment?

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Q: Which type of contract (fixed or variable) might be most

Which type of contract (fixed or variable) might be most suitable for someone who wants a minimum amount of risk exposure?

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Q: What are the most important sources of retirement income?

What are the most important sources of retirement income?

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Q: Does Social Security coverage relieve you of the need to do some

Does Social Security coverage relieve you of the need to do some retirement planning on your own?

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Q: Explain the general procedure used to calculate the federal estate tax due

Explain the general procedure used to calculate the federal estate tax due.

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Q: Mary Watson is 24 years old and single, lives in an

Mary Watson is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned $45,000 as a sales assistant for Focused Business Analytics; $3,910 of her wages were withhel...

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