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FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehensive questions and verified answers| get it 100% accurate!!$0.00
FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehensive questions and verified answers| get it 100% accurate!!
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Course
FIN 421
Institution
FIN 421
FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehensive questions and verified answers| get it 100% accurate!!
10/16/24, 3:46 PM FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehe…
FIN 421 Midterm/FIN 421 Midterm Exam Fall
2024/2025 update Questions with Answers:
Arizona State University/ comprehensive
questions and verified answers| get it 100%
accurate!!
Terms in this set (72)
1. The material wealth of a B. The material wealth of a society is a function of all
society is a function of real assets.
_________.
A. all financial assets
B. all real assets
C. all financial and real
assets
D. all physical assets
E. all commodities
2. _______ is/are a real E. Land, machines and knowledge are real assets;
asset(s). stocks and bonds are financial assets.
A. Only land
B. Only machines
C. Only stocks and bonds
D. Only knowledge
E. Land, machines and
knowledge are real
assets
,10/16/24, 3:47 PM FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehe…
3. The means by which D. Financial assets allocate the wealth of the
individuals hold their economy. Example: it is easier for an individual to
claims on real assets in a own shares of an auto company than to own an auto
well-developed company directly.
economy are
A. Investment assets.
B. Depository assets.
C. Derivative assets.
D. Financial assets.
E. Exchange-driven
assets.
4. _______ is/are financial D. Machines and knowledge are real assets; stocks
assets. and bonds are financial assets.
A. Only bonds
B. Only machines
C. Only stocks
D. Stocks and bonds
E. Knowledge
5. _________ financial E. Land and Buildings are real assets.
asset(s).
A. Buildings are
B. Land is a
C. Derivatives are
D. U.S. Agency bonds are
E. Derivatives and U.S.
Agency bonds are
,10/16/24, 3:47 PM FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehe…
6. Financial assets ______. B. Financial assets indirectly contribute to the
A. directly contribute to country's productive capacity because these assets
the country's productive permit individuals to invest in firms and
capacity governments. This in turn allows firms and
B. indirectly contribute to governments to increase productive capacity.
the country's productive
capacity
C. contribute to the
country's productive
capacity both directly
and indirectly
D. do not contribute to
the country's productive
capacity either directly or
indirectly
E. are of no value to
anyone
7. In 2009, ____________ was C
the most significant real
asset of U.S. households
in terms of total value.
A. consumer durables
B. automobiles
C. real estate
D. mutual fund shares
E. bank loans
8. In 2009, ____________ was D
the least significant
financial asset of U.S.
households in terms of
total value.
A. real estate
B. mutual fund shares
C. debt securities
D. life insurance reserves
E. pension reserves
, 10/16/24, 3:47 PM FIN 421 Midterm/FIN 421 Midterm Exam Fall 2024/2025 update Questions with Answers: Arizona State University/ comprehe…
9. In 2009, ____________ was E
the most significant
financial asset of U.S.
households in terms of
total value.
A. real estate
B. mutual fund shares
C. debt securities
D. life insurance reserves
E. pension reserves
10. In 2009, ____________ was A
the most significant asset
of U.S. households in
terms of total value.
A. real estate
B. mutual fund shares
C. debt securities
D. life insurance reserves
E. pension reserves
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