单选题An analyst will most likely use the average age of depreciable assets to estimate the company's:
单选题In the long run, when the economy is at full employment, will a decrease in the quantity of money due to restrictive monetary policy that brings a decrease in aggregate demand likely result in（ ）
单选题Compared to a company that issues convertible debt, a company that issues an equivalent combination of conventional bonds with warrants attached will have: A. greater interest expense and lower total assets. B. lower interest expense and higher total assets. C. greater interest expense and greater equity.
单选题If $ 2500 were put into an account at the end of each of the next 10 years earning 15 percent annual interest, how much would be in the account at the end of ten years?
单选题Which of the following is NOT a characteristic of perfect competition?
单选题A company decides to repurchase 5 million of its outstanding 20 million shares with debt funding
单选题Which of the following would be most useful as a leading indicator to signal the start of an economic recovery?
单选题Which of the following is/are sources of return on a collateralized commodity futures position? Ⅰ. Collateral yield Ⅱ. Change in the spot price of the commodity Ⅲ. Roll yield
单选题If an investor must pay an amount equal to a particular securitys dividend to another investor, he is most likely using（ ）
单选题Which of the following statements regarding forward contracts is FALSE?
单选题An asset is impaired when:
单选题Do base management fees most likely get paid to the manager of a hedge fund regardless of the funds performance?
单选题A bond has a yield-to-maturity of 8%. If its effective duration is 7.41 years, a 25 basis point increase in rates will result in an approximate:
单选题Train, Inc.'s cash flow from operations (CFO) in 2004 was $14 million. Train paid $8 million cash to acquire a franchise at the beginning of 2004 that was expensed in 2004. If Train had elected to amortize the cost of the franchise over eight years, 2004 cash flow from operations (CFO) would have been:
单选题Victoria Christchurch, CFA, is a management consultant currently working with a financial servicesfirm interested in curtailing its high staff turnover, particularly among CFA charterholders
单选题Consider a 10 percent, 10 - year bond sold to yield 8 percent. One year passes and interest rates remained unchanged (8 percent). What will have happened to the bond's price during this period?
单选题An analyst does research about financial reporting quality. An incentive for a company's management reporting lower earnings is least likely to: A. remain in compliance with lending covenants. B. obtain trade relief in the form of quotas or protective tariffs. C. negotiate favorable terms from creditors.
单选题During the seminar, "Inflation - Friend or Foe?" Joe Lebow, an analyst with Greenwald & Associates, was discussing the difference between inflation and price level. He made the following two statements: Statement 1: To measure the inflation rate of a currency, one should calculate the annual percentage change in the price level. The calculation of this change shows the connection between the inflation rate and the price level. Statement 2: The higher the price level in the current year compared to the price level in the previous year, the higher is the inflation rate of a country. Any increase in the price level is evidence of (positive) inflation. Are the statements as made by Lebow regarding inflation and price levels correct? Statement 1 Statement 2 ①A. Incorrect Incorrect ②B. Correct Correct ③C. Correct Incorrect
单选题Which of the following should NOT be included as a constraint in an investment policy statement (IPS)? A. How funds are spent after being withdrawn from the portfolio. B. Tax implications on the returns generated by the portfolio. C. Constraints put on investment activities by regulatory agencies.
单选题The section of the Global Investment Performance Standards (GIPS) that
outlines defining the firm and documenting firm policies and procedures is:
A. Presentation and Reporting.
B. Disclosures.
C. Fundamentals of Compliance.