Which of the Following Plans Is Not Incorporated in a Financial

question 69

Multiple Choice

Which of the following plans is not incorporated in a financial plan?

• A)Budget plan
• B)Investment plan
• C)Estate plan
• D)Education plan

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Definitions:

Zero-Coupon Bond

A type of bond that is issued at a discount and does not pay periodic interest payments, only the face value at maturity.

Forward Interest Rate

An interest rate agreed upon now for a loan that will start at a future date, often indicative of market expectations for future interest rates.

Par Value

The nominal or face value of a stock or bond, which is the original value assigned when the security is issued.

Yield Curve

A graph showing the relationship between interest rates of bonds of equal credit quality but different maturities, often indicating economic expectations.