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UTA FINA 3315 INVESTMENTS FINAL
EXAM 2026 ACTUAL QUESTIONS
WITH VERIFIED ANSWERS.
The price an individual investor will pay to purchase a stock in
the OTC market is the
A.
ask price
B.
bid price
C.
broker price
D.
spread - correct answer-ask price
Dollar-denominated debt securities issued by foreign
corporations and traded in U.S. markets are called
A.
Yankee bonds
B.
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ETFs
C.
ADRs
D.
global bonds - correct answer-Yankee bonds
The great majority of transactions on the NYSE are executed
A.
automatically through electronic technology
B.
by auction in trading areas known as pits
C.
by dealers known as market makers
D.
on the trading floor by brokers known as specialists - correct
answer-automatically through electronic technology
Investors seeking a diversified, professionally managed
portfolio of securities can purchase shares of
A.
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commodity futures
B.
money market mutual funds
C.
treasuries
D.
mutual funds - correct answer-mutual funds
Table 1
AB
1 Year Cash Flow
2 1 $(5,000)
3 2 $4,000
4 3 $3,000
Given a spreadsheet similar to the one shown in Table 1, the
command to compute the internal rate of return would be
A.
=RATE(3,B3,B4,B2).
B.
=TVM(A2:B4).
C.
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=IRR(B3:B4)-B2.
D.
=IRR(B2:B4). - correct answer-=IRR(B2:B4).
Liquidity risk is defined as the risk of
A.
having to trade a security in a falling market
B.
having inflation erode the power of your investment
C.
having declining price levels affect the reinvestment rate of your
current income stream
D.
not being able to sell an investment conveniently and at a
reasonable price - correct answer-not being able to sell an
investment conveniently and at a reasonable price
In some markets, it may take many months to sell a residential
property. This is an example of
A.
credit risk
UTA FINA 3315 INVESTMENTS FINAL
EXAM 2026 ACTUAL QUESTIONS
WITH VERIFIED ANSWERS.
The price an individual investor will pay to purchase a stock in
the OTC market is the
A.
ask price
B.
bid price
C.
broker price
D.
spread - correct answer-ask price
Dollar-denominated debt securities issued by foreign
corporations and traded in U.S. markets are called
A.
Yankee bonds
B.
, Page | 2
ETFs
C.
ADRs
D.
global bonds - correct answer-Yankee bonds
The great majority of transactions on the NYSE are executed
A.
automatically through electronic technology
B.
by auction in trading areas known as pits
C.
by dealers known as market makers
D.
on the trading floor by brokers known as specialists - correct
answer-automatically through electronic technology
Investors seeking a diversified, professionally managed
portfolio of securities can purchase shares of
A.
, Page | 3
commodity futures
B.
money market mutual funds
C.
treasuries
D.
mutual funds - correct answer-mutual funds
Table 1
AB
1 Year Cash Flow
2 1 $(5,000)
3 2 $4,000
4 3 $3,000
Given a spreadsheet similar to the one shown in Table 1, the
command to compute the internal rate of return would be
A.
=RATE(3,B3,B4,B2).
B.
=TVM(A2:B4).
C.
, Page | 4
=IRR(B3:B4)-B2.
D.
=IRR(B2:B4). - correct answer-=IRR(B2:B4).
Liquidity risk is defined as the risk of
A.
having to trade a security in a falling market
B.
having inflation erode the power of your investment
C.
having declining price levels affect the reinvestment rate of your
current income stream
D.
not being able to sell an investment conveniently and at a
reasonable price - correct answer-not being able to sell an
investment conveniently and at a reasonable price
In some markets, it may take many months to sell a residential
property. This is an example of
A.
credit risk
