单选题What is the required rate of return for a stock with a beta of 1.4, when the risk-free rate is 5% and the market is offering 8%?
单选题An analyst does research about moneyness of an option. An investor owns a put option with the following terms: Option price $7.28 Strike price $81.76 If the underlying is currently priced at $75.21, the moneyness of the option for this investor is closest to: A. -$0.73 B. $0 C. $6.55
单选题A trader places a limit order to buy shares at a price of $49
单选题In order to test if Stock A is more volatile than Stock B, prices of both stocks are observed to construct the sample variance of the two stocks. The appropriate test statistics to carry out the test is the:
单选题Jack Saunders is analyzing Bareo Incorporated. an industrial conglomerate company. Saunders is estimating the intrinsic value for Barco Incorporated by forecasting the company's earnings per share and earnings multiplier. Each of the following attributes of Bareo will increase the company's earnings multiplier EXCEPT: A. Barco Incorporated has never had a restructuring charge in its history. B. Barco Incorporated's earnings move in tandem with overall economic growth. C. Barco Incorporated consistently generates free cash flow.
单选题If the market prices of each of the 30 stocks in the Dow Jones Industrial Average (DJIA) all change by the same percentage amount during a given day, which stock will have the greatest impact on the DJIA? A. The one whose stock trades at the highest dollar price per share. B. The one whose total equity has the highest market value. C. The one having the greatest amount of equity in its capital structure.
单选题Lois Weaver wants to have $1.5 million in a retirement fund when she
retires in 30 years. If Weaver can earn a 9 percent rate of return on her
investments, approximately how much money must she invest at the end of each of
the next 30 years in order to reach her goal?
A. $50000.
B. $28725.
C. $11005.
单选题An analyst does research about investment risk. In the context of capital market theory and the capital asset pricing model, investors should most likely expect higher retums for accepting increasing amounts of: A. total risk. B. unique risk. C. systematic risk.
单选题The correct set of cash flow treatments as they relate to interest paid according to U. S. generally accepted accounting principles (GAAP) and International Accounting Standards (IAS) GAAP is : U.S. GAAP IAS GAAP ①A. CFO CFO or CFF ②B. CFF CFF ③C. CFO CFO
单选题The probability of event A is 40%
单选题A firm has an expected dividend payout rate of 70% and an expected future growth rate of 4%. What should the firm"s price-to-earnings (P/E) ratio be if the required rate of return on stocks of this type is 15%?
单选题Which of the following inferences concerning market efficiency is most accurate?
单选题An analyst does research about depreciation expense for a company. The company purchases equipment for $1200000 with an estimated useful life of 6 years and no estimated residual value. Using the double-declining balance method, the depreciation expense for year 3 is closest to: A. $177778 B. $200000 C. $266667
单选题The following interest rate information is observed:
Spot Rates
1 year
10%
2 years
11%
3 years
12% Based on this
data, the 2 - year forward rate one year from now is closest to:
A. 11%.
B. 12%.
C. 13%.
单选题Easy Rider Incorporated is a custom manufacturer of motorcycles
单选题Which of the following is least likely a disadvantage of a callable bond to an investor? The: A. investor is exposed to reinvestment rate risk. B. cash flow pattern of a callable bond is not known with certainty. C. issue often offers a higher coupon rate than a comparable option-free bond.
单选题Which of the following is most likely a reason that a lessor can offer attractive lease terms and lower cost financing to a lessee? Because the:
单选题If a distribution exhibits positive skewness, then the mean is most likely located to the: A. left of both the median and mode. B. right of both the median and mode. C. left of the median and right of the mode.
单选题On the maturity date, stock index futures contracts require delivery of: A. common stock. B. common stock plus accrued dividends. C. cash.
单选题As the quantity of labor increases, which of the following is the most likely outcome with respect to the marginal revenue (MRP) of labor? A. MRP increases for a monopoly. B. MRP decreases for a firm in perfect competition. C. MRP increases for both monopoly and a firm in perfect competition.