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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.
A cyclical stock's price would tend to move in the [ same | opposite ] direction as the entire market.
Lump Sum
An amount of money paid in a single payment, rather than in installments.
11% Return
A specific rate of return on an investment, denoting a gain of eleven percent on the original amount invested.
Annual Interest Rate
The percentage of interest that is charged or earned on an investment or loan over a one-year period.
Down Payment
An initial payment made when purchasing an item on credit, particularly real estate, often expressed as a percentage of the purchase price.
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