Exam 20: B: Understanding Personal Finances and Investments

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Treasury notes are issued in $100 units with a maturity of more than one year but not more than ten years.

(True/False)
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Over a period of time, security averages indicate trends, but they do not predict the performance of individual investments.

(True/False)
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If interest rates in the economy decrease, a corporate bond with a fixed interest rate will increase in value.

(True/False)
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There is convincing evidence that the performance of load funds routinely outperforms the performance of no-load funds.

(True/False)
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Most CFPs and ChFCs do not charge for their services, but rather receive commissions for the securities they recommend to their clients.

(True/False)
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