单选题The profit/loss diagram for a covered call strategy looks like what other type of profit/loss diagram
单选题Which of the following statements about duration is FALSE? A. There is a direct relationship between yield to maturity and duration. B. There is an inverse relationship between coupon and duration. C. There is a direct relationship between duration and maturity.
单选题Are changes in accounting principles and extraordinary items treated similarly in accordance with U.S. Generally Accepted Accounting Principles and International Financial Reporting Standards? Accounting principles Extraordinary items ①A. Yes Yes ②B. No No ③C. Yes No
单选题An analyst who uses historical data that was not publicly available at the time period being studied will have a sample with:
单选题Which of the following statements about forward and future contracts is FALSE?（ ）
单选题Which of the following statements best describes vertical common-size analysis and horizontal common-size analysis? Statement 1 : Each line item is expressed as a percentage of its base-year amount. Statement 2: Each line item of the income statement is expressed as a percentage of revenue and each line item of the balance sheet is expressed as a percentage of ending total assets. Statement 3: Each line item is expressed as a percentage of the prior year' s amount. Vertical analysis Horizontal analysis ①A. Statement 1 Statement 2 ②B. Statement 2 Statement 3 ③C. Statement 2 Statement 1
单选题Wes Smith, CFA, works for Advisors, Inc. In order to remain in compliance with Standard Ⅴ (A), Diligence and Reasonable Basis, Smith may recommend a security in which of the following situations? A. Advisors' research department recommends a stock. B. Smith overhears a highly-regarded analyst from a rival firm recommend that the security is a good investment. C. Smith reads a favorable review of the security in a widely read periodical.
单选题When individuals are unemployed because they do not have perfect
information concerning available jobs, this is:
A. frictional unemployment.
B. structural unemployment.
C. cyclical unemployment.
单选题[此试题无题干]
单选题An investors transactions in a mutual fund and the funds returns over a four-year period are provided in the table below:
Year
1
2
3
4
New investment at the beginning of the year
$2,500
$1,500
$1,000
$0
Investment return for the year
-20%
65%
-25%
10%
Withdrawal by investor at the end of the year
$0
-$500
-$500
$0
Based on these data, the money-weighted return (or internal rate of return) for the investor is closest to:
单选题An analyst does research about difference between Generally Accepted Accounting Principles (U. S. GAAP) and Intemational Financial Reporting Standards (IFRS). The indirect method of presenting cash flow from operation is NOT allowed under? A. IFRS ortly. B. U. S. GAAP only. C. Neither IFRS nor U. S. GAAP.
单选题An analyst wants to estimate the return on the SP 500 Index for the current year using the following data and assumptions:
Sample size = 50 stocks from the index.
Mean return for those stocks in the sample for the previous year = 0.114.
Variance = 0.0529.
The reliability factor for a 95% confidence interval with unknown population variance and sample size greater than 30 is z.025 = 1.96.
If he assumes that the SP 500 return this year will be the same as it was last year, which of the following is the best estimate of the 95% confidence interval for this years SP 500 return?
单选题Which of the following statements about option-adjusted spread and nominal spread is most accurate? A. Option-adjusted spread will equal nominal spread if the option favors the investor. B. Option-adjusted spread will be greater than nominal spread if the option favors the issuer. C. The longer the deferred call period, the closer the value of the option-adjusted spread will be to the value of the nominal spread.
单选题According to the Code of Ethics and Standards of Professional Conduct, which of the following is NOT among primary principles that the Rules of Procedure for Proceedings Related to Professional Conduct are based on? A. Confidentiality of proceedings. B. Fair process to the member and candidate. C. Confidentiality of disciplinary sanctions.
单选题Diana Fairbanks, CFA is married to an auditor who is employed at a large accounting firm
单选题You are expecting an additional payment of 52000 of income this year. You intend to save 5 500 of the 5 2000. According to the multiplier effect, total spending will increase by a total amount of:
单选题On January 3, Logan Industries deposited $1000000 in cash at Federal
Savings Bank. No excess reserves were present at the time Logan made the deposit
and the required reserve ratio is 10%. What is the maximum
amount by which Federal Savings Bank can increase its lending?
A. $100000.
B. $1000000.
C. $900000.
单选题Which of the following statements about moneyness is least accurate?
单选题Which of the following is least likely to be a direct consequence of a high rate of inflation? A. Increased uncertainty about the long-term inflation rate. B. Increased focus on the long term by business planners and other people. C. A misallocation of resources within the economy.
单选题Which of the following statements most accurately describes the relationship between marginal product (MP) and average product (AP) of labor in the short run? As the quantity of output increases: