Investments Flashcards
1
Q
Strip bonds
A
Remember $0 interest but still semi annual for number of periods
Remember face value $100 to calculate ACB or FMV
Classified as fixed income if maturing after 1 year
2
Q
P/E ratio
A
ratio multiple x earnings = price
3
Q
Money market
A
Classified as cash
4
Q
GIC
A
Classified as fixed income if maturing after 1 year