单选题If 60-day London Interbank Offered Rate (LIBOR) is 6 percent, the interest on a 60-day LIBOR-based Eurodollar deposit of $990000 is:
单选题Consideraswapwithanotionalprincipalof$120million.Giventheabovediagrams,whichofthefollowingstatementsisTRUE?Attheendof360days:
单选题A recent study indicated that 70% of all college students have a notebook PC. The probability that exactly three college students will have a notebook PC in a random selection of four is approximately:
单选题Which of the following statements regarding a forward commitment is FALSE? A forward commitment :
单选题The following tax data is associated with a firm: Income tax expense of $ 25000. Income taxes payable of $ 30000. Pretax income of $ 80000. 40% tax bracket. What is this firm' s alternative effective tax rate?
单选题Which of the following is least likely an interest rate policy tool available to the U
单选题Which of the following statements concerning financial regulatory bodies is least accurate? Financial regulatory bodies:
单选题ff the marginal benefit of the last unit of a good or service consumed
was $25, the marginal benefit of the next unit consumed is most likely to be:
A. $25.
B. $24.
C. $26.
单选题Which of the following municipal bonds typically has the greater risk
and is issued with higher yields?
A. revenue bonds
B. limited tax general obligation debt
C. unlimited tax general obligation debt
单选题Which one of the following best characterizes the alternative hypothesis? The alternative hypothesis is usually the: A. hypothesis that is proved through statistical testing. B. hoped -for outcome. C. hypothesis to be proved through statistical testing.
单选题Normal Corp
单选题Find the mean and the mean absolute deviation (MAD) of a series of stock market returns.
单选题Consumer surplus is best explained as the: A. amount by which the quantity of a good produced exceeds the quantity that consumers demand. B. difference between the quantity of a good a consumer purchases and the quantity the consumer is willing to purchase. C. difference between the value a consumer places on a good or service and the amount the consumer has to pay to acquire it.
单选题Which one of the following independent situations would most likely be of the greatest concern to an investor when reviewing a potential investment's corporate governance practices and policies? A. Without obtaining prior management approval, the board hired external consultants to advise them about recent environmental legislative changes related to the company. B. As part of his compensation package, one director received a bonus for identifying a potential merger candidate. The company is currently negotiating a merger with that company. C. One of the directors is the president of a major supplier to the company, but he recuses himself from board decisions related to the products his company supplies.
单选题A company is planning a $50 million expansion. The expansion is to be
financed by selling $20 million in new debt and $30 million in new common stock.
The before-tax required return on debt is 9 percent and 14 percent for equity.
If the company is in the 40 percent tax bracket, what is the marginal weighted
average cost of capital?
A. 10.6%.
B. 9.0%.
C. 10.0%.
单选题Jan Loots, CFA, quit his job as a portfolio manager at an investment firm with whom he had a non-solicitation agreement he signed several years ago
单选题Which of the following institutions is NOT a government-sponsored enterprise (GSE)?
单选题Assume the following information relating to a swap agreement. The swap covers a five-year period and involves annual payments on a $1000000 notional principal amount. Party A is the pay-fixed counterparty and agrees to pay a fixed rate of 9% to Party B. In return, Party B, the receive-fixed counterparty, agrees to pay a floating rate of LIBOR to Party A. Party A pays: A. $87500 each year to Party B. B. $90000 each year to Party B. C. $2500 each year to Party B.
单选题Sarah Connor, CFA, is a financial analyst employed by Johnson Investment Counselors. According to the Code of Ethics and Standards of Professional Conduct, which of the following Staterments is NOT among the recommended procedures in compliance with the Standards of Professional Conduct relating to independence and objectivity? Johnson Investrnent Counselors: A. prohibits the acceptance of gifts. B. protects the integrity of opinions. C. restricts special cost arrangements.
单选题Wouter Duyck, CFA, is the sole proprietor of an investment advisory firm serving several hundred middle-class retail clients