单选题Georgia-Pacific has $1000 par value bonds with 10 years remaining
maturity. The bonds carry a 7.5 percent coupon that is paid semi-annually. If
the current yield to maturity on similar bonds is 8.2 percent, what is the
current value of the bonds?
A. $1123.89.
B. $569.52.
C. $952.85.
单选题The face value of a $1000000 T-bill with 78 days to maturity is priced
at $987845. What is the bank discount yield (annualized) quote for the
T-bill?
A. 5.160%.
B. 5.750%.
C. 5.610%.
单选题A firm's financial statements reflect the following:
单选题If the coupon payments are reinvested at the coupon rate during the life of the issue, then the: A. yield to maturity is greater than the realized yield. B. yield to maturity is less than the realized yield. C. yield to maturity cannot be determined from the information given.
单选题An analyst gathers the following data about the returns for three stocks.
Stock A
Stock B
Stock C
E(R)
0.04
0.09
0.11
σ
2
0.0025
0.0064
0.0081
Cov
AB
= 0.001, ρ
BC
= 0.60
The correlation coefficient between the returns of Stock A and Stock B ( ρ
AB
) and the covariance between the returns of Stock B and C (Cov
BC
) are closest to:
ρ
AB
Cov
BC
①A. 0.01 0.002
②B. 0.01 0.004
③C. 0.25 0.004
A. ①B. ②C. ③
单选题Marginal revenue product is best defined as the: A. additional output that results from employing one more unit of a productive input. B. gain in total revenue from selling one more unit of output. C. addition to total revenue from selling the additional output from using one more unit of an input.
单选题Which of the following statements concerning the HerfindahI-Hirschman Index (HHI) is most accurate?
单选题Which statement best describes option price sensitivities? The value of a:
单选题Given the following data what is the ending inventory using the average cost method?
单选题Under which pair of conditions is a factor of production least likely to earn economic rent? Supply curve Demand curve A. Upward sloping Downward sloping B. Perfectly elastic Downward sloping C. Upward sloping Perfectly elastic
单选题Which of the following possible portfolios is least likely to lie on the efficient frontier?（ ）
Portfolio
Expected Rehurn
Standard Deriation
W
7%
5%
X
9%
12%
Y
11%
10%
Z
13%
15%
单选题When are credit spreads most likely to narrow? During:
单选题If the price elasticity of a linear demand curve is -1 at the current price, an decrease in price will lead to:
单选题Opal Company manufactures sophisticated machines and then leases them
to its customers. If the leases are structured in such a way that they are
treated as capital leases for accounting purposes, the impact on Opal' s
financial statements and ratios will be that all of the following will be higher
EXCEPT :
A. the total asset turnover ratio.
B. return on equity (ROE).
C. net cash flow.
单选题The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio isrebalanced is most accurately described as:
单选题If the number of cars demanded in a city increased from 33000 to 34000
when the average price decreases from $25000 to $23000, the price elasticity of
demand is:
A. -1.87
B. -0.36
C. -0.15
单选题某3年期公司债券的息票利息每年支付一次，息票率为7.4%，交易价格为1109.3美元，票面价值为1000美元。该债券在2年后的赎回价格和退还价格分别为1052.3美元和1020.0美元。试根据上述信息解答问题。
单选题A conversion factor in a Treasury bond contract is:
单选题An analyst does research about trade restriction. A primary reason for a country to adopt restrictions on international trade is that restrictions typically: A. improve short-run economic efficiency. B. benefit consumers at the expense of producers. C. provide concentrated benefits to a small group of people.
单选题According to the Markowitz model of portfolio risk, any portfolio with 10 securities would require estimation of a total of: A. 10 variance and 45 unique covariance statistics. B. 100 unique variance or covariance statistics. C. 50 unique variance or covariance statistics.