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INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
The recent average annual cost of a college education at a private college is [ under $47,000 | over $51,000 ].
Hedge Funds
Investment funds that employ various strategies to earn returns for their investors, often involving higher risk.
Unit Investment Trusts
Investment companies that offer shares in a fixed portfolio of securities in a one-time public offering, which then terminate at a specific date.
Profit
The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the operation.
Premium
An amount paid for an insurance policy or the difference above a bond's issue price or its face value in the market.
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