Tips for "Financial Freedom" Include All but Which of the Following

question 32

Multiple Choice

Tips for "financial freedom" include all but which of the following?

• A) Make a budget and follow it.
• B) Place your credit cards in a glass of water and place the glass in the freezer.
• C) Don't lend money to your friends.
• D) Consolidate your debt.

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Definitions:

Black-Scholes Model

A mathematical model used for pricing European-style options, estimating the variation over time of financial instruments.

Call Option

A deal in the financial industry that bestows upon the buyer the latitude, but exempts them from the necessity, to acquire stocks, bonds, commodities, or other assets at a price fixed in advance, within a predetermined time frame.

Warrants

Financial instruments that give the holder the right, but not the obligation, to buy a company's stock at a specific price before a specified date.

Publicly Traded Bonds

Bonds issued by companies or governments that are available for purchase and sale on public stock exchanges.