Community Financial Savvy Lender Quiz

Savvy Lender Quiz

This quiz is meant to both educate and evaluate the financial knowledge of our future lenders for Acquisition purchases, rehabilitations, and sale of current and future properties.
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First NameLast Name
Date*

MonthDayYear
Date
A digital currencyA security that represents the ownership of a fraction of the issuing corporationA guaranteed check by a companyA debt to the government
Equity in a companyEquity in a governmentA local currencyBonds represent the debts of issuers, such as companies or governments
Financial vehicle that pools assets from shareholders to invest in securities likestocks, bonds, money market instruments, and other assets.A security guaranteed by the SECA security guaranteed to profitA contract to hedge against stock investments
Interest paid on a stock every yearA fee paid by companies to shareholdersDistribution of a company earnings to its shareholders and is determined by thecompany's board of directorsA form of bond
TrueFalse
The real rate of return earned on an investmentFee paid to have a loanAnnual service fee by banksTotal worth of a security at the end of the year
Refers to the yearly interest generated by a sum that is charged to borrowers or paid to investorsA penalty for a late paymentEarnings on EquityExchange rate of a currency for the U.S Dollar
Revenue + Cost = ProfitRevenue - Cost = ProfitEquity - Cost = ProfitRevenue + Equity - Equity- Interest= Profit
TrueFalse
TrueFalse
The discount rate is always higher when you invest now than in the futureThe discount rate is always higher when you invest in the future than nowThe money you have now is worth less today than an identical amount you would receive in the futureThe money you have now is worth more today than an identical amount you would receive in the future
An investments that has no definite end and a stream of cash payments that continues foreverA stream of cash flows that start one year from today and continue while growing by a constant growth rateA series of equal payments at equal time periods and guaranteed for a fixed number of yearsA series of unequal payments, at equal time periods, which are guaranteed for a fixed number of years
The amount borrowed by the issuer of the bond and returned to the investors when the bond maturesThe overall return earned by the bond investor when the bond maturesThe difference between the amount borrowed by the issuer of bond and the amount returned to investors at maturityThe size of the coupon investors receive on an annual basis
Trading at ParTrading at a premiumTrading at a discountTrading below par
Coupon Rate > Current Yield > Yield to MaturityCoupon Rate < Current Yield < Yield to MaturityCoupon Rate = Current Yield = Yield to MaturityCoupon Rate < Current Yield = Yield to Maturity
The cash flows that occur earlier are more valuable than cash flows that occur laterThe cash flows that occur earlier are less valuable than cash flows that occurs laterThe longer the time cash flows are invested, the more valuable they are in the futureThe future value of cash flows are always higher than the present value of the cashflows
91.51109.27291.26103.00
BB+BBB+BBBBBB-
Equity Capital + Retained EarningsEquity Capital - Total LiabilitiesTotal Assets -Total LiabilitiesCurrent Assets - Current Liabilities
TrueFalse
Having negative vibes or feelings about an investmentSomething that only happens to questionable stocksPotential for upside and gain downside and loss in an investmentA video game
TrueFalse
TrueFalse
TrueFalse
Organization that guarantees investmentsOrganization meant to protect investors and maintain fair, orderly, and efficient marketsOrganization that guarantees deposits in banksA restaurant in New York City
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