单选题ABEX Corporation common stock is selling for $50.00 per share. Both an American call option and a European call option are available on ABEX common, and each have identical strike prices and expiration dates. Which of the following statements concerning these two options is TRUE ?
单选题The fact that firms can make more adjustments to production methods in the long run gives the firm:
单选题Are the following essential characteristics of an asset? Characteristic 1 : The asset provides future economic benefits as a result of past transactions. Characteristic 2: The asset is tangible and is obtained at a cost. Characteristic 1 Characteristic 2 ①A. Yes Yes ②B. Yes No ③C. No No
单选题Two events are said to be independent if the occurrence of one event:
单选题An analyst is forecasting gross profit of the three following companies
单选题What's the effective rate of return on an investment that generates a return of 12 percent, compounded quarterly?
单选题A swap is best characterized as a A. series of forward contracts. B. derivative contract that has not gained widespread popularity. C. contract that is binding on only one of the parties to the transaction.
单选题Aninvestorstransactioninamutualfundandthefundsreturnsoverafour-yearperiodareprovidedinthefollowingtable：Year1234NewinvestmentatthebeainninaoftheYear(US$)2,5001,5001,0000InvestmentreturnfortheYear-20%65%-25%10%Withdrawalbyinvestorattheendoftherear(US$)0-500-5000basedonthisdata,themoney-weightedreturn(orinternalrateofreturn)fortheinvestorisclosestto:
单选题Which following is least correct?
单选题A review of a companys inventory records for the year indicates that the following costs were incurred:
Fixed production overhead:
$500,0000
Direct material and direct labor:
300,000
Storage costs incurred during production:
25,000
Abnormal waste costs:
30,0
If the company operated at full capacity during the year, the total capitalized inventory cost is closest to:
单选题Which of the following statements regarding deadweight loss is least accurate? A. Deadweight loss occurs when the allocation of resources is inefficient. B. Deadweight loss from underproduction leads to a loss of producer surplus but not consumer surplus. C. Deadweight loss occurs when the quantity supplied does not maximize the sum of consumer and producer surplus.
单选题A. central bank bases its long-run strategy for achieving price
stability on targeting the growth rate of the money supply to equal the
difference between the 10-year average growth rate of real GDP and the
4-yearaverage growth rate in the velocity of money. The bank also attempts to
reduce the magnitude of business cycles. When the bank's governing board
perceives a significant difference between actual real GDP and full-employment
real GDP, they adjust the money supply in the countercyclical direction: Which
type of monetary policy is the Central bank following?
A. Fixed-rule.
B. Discretionary.
C. New Keynesian feedback rule.
单选题Which of the following is least likely to be included when calculating comprehensive income?
单选题某投资者认为某地区房屋的平均价格高于350000美元。由该地区随机抽取的64幢房屋组成的样本的平均价格为355000美元。已知总体标准差为25000美元，该投资者希望基于3%的显著水平进行假设检验。试根据上述条件解答问题。
单选题George-Hack is evaluating the risk level in his portfolio of approximately 20 U. S. stocks. He is only concerned with the possibility of earning a rate of return on the portfolio below what he can earn on T-bills. T-bills have been earning approximately4% on average over the last few years. The most appropriate measure of risk for Hack's portfolio is:
单选题A practice whereby a seller charges different prices to different consumers of the same product or service is called:
单选题If investors expect future rates will be higher than current rates, the yield curve should be:
单选题Charles, CFA, is a managing director at NSSI, a regional brokerage firm. Charles manages the institutional fixed-income desk and is responsible for 20 employees in both the trading and sales departments. Charles recently called a meeting with the head of trading and the head sales to review the firm"s policies regarding trading by employees in their personal accounts. He instructed the two to review the information with the employees they supervise. A week after the meeting, Charles discovered that a sales assistant made personal trades during a firm "blackout" period on a restricted security. According to the Standard Ⅳ (C) Responsibilities of Supervisors, the least appropriate action for Charles to take is:
单选题David Beckham, CFA, is a portfolio manager at a hedge fund company. David has an arrangement with a close friend who is an investment consultant, whereby he refers clients who need investment advice to the friend, who in turn refers clients to Beckham. Beckham believes there is no referral fees involved, and he does not disclose this arrangement to his existing or prospective clients. Has Beckham most likely violated the Standards? A. No. B. Yes, only by failing to disclose the arrangement to his prospective clients. C. Yes, both by failing to disclose the arrangement to his existing clients and to his prospective clients.
单选题All of the following affect an investor's risk tolerance EXCEPT: A. years of experience with investing in the markets. B. current net worth and family situation. C. tax bracket.