Is Risk For You

Assess your potential in the world of risk management and uncover if this field is right for you!

About the Quiz

Risk management involves identifying, assessing, and prioritizing risks to help organizations navigate uncertainties effectively. From financial risks to operational and strategic threats, it’s about protecting value while enabling growth.

Develop strategic decision-making skills

Play a vital role in organizational success

Enhance your critical thinking and analytical abilities

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Answer Questions

Answer questions designed to explore your risk perspectives and skills.

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See how your skills and preferences align with various aspects of risk management.

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Is Finance for You?

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Question: 1 / 2

Mr. Jay inherits a sum of $50,000 upon the death of his grandfather. Jay decides to invest the inheritance and is confused between two different options: Option A: Invest $50,000 for 10 years and get $100,000 at the end of the tenure.Option B: Invest $50,000 for 10 years and get $10,000 each year until the end of the tenure.The interest rate for similar securities in the market is around 10% currently. Jay comes to you for advice. Assuming all else is constant, which of the following would be the best option for Jay?

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Option A, because lumpsum payments often provide higher returns

Option B, because it gives a series of payments

Option C, as it provides a higher return

Jay should be indifferent between the two options.