单选题When smaller amounts of additional labor are supplied in response to increases in the wages offered, this is known as the:
单选题The strong-form EMH goes beyond the semistrong-form in that it calls for.
单选题Thefollowinginformation(inmillions)onacompanyisavailable:Costofgoodssold$500Increaseintotalassets250Increaseintotalliabilities200Changeininventory(30)Changeinaccountspayable(25)Theamountofcash(inmillions)thatthecompanypaidtoitssuppliersisclosestto:
单选题A CFA charter holder in a managerial position is in the process of hiring new analysts. If the charter holder conducts background checks on the job applicants with respect to their character, the charter holder has: A. complied with Standard Ⅰ (D) concerning professional misconduct. B. violated the Code of Ethics by invading the applicants' privacy. C. violated Standard Ⅲ (E) concerning confidentiality.
单选题An analyst does research about a forward agreement (FRA). A FRA is referred to as a 3×9. The terms of the agreement are a: A. 3-month rate and a 6-month expiration. B. 3-month rate and a 9-month expiration. C. 6-month rate and a 3-month expiration.
单选题A companys taxable income is 17
单选题Based on historical returns
单选题A dealer in the forward contract market: A. can not be a bank. B. may enter into a contract with another dealer. C. gets a small payment for each contract at initiation.
单选题If an auditor finds that a company"s financial statements have made a specific exception to applicable accounting principles, he is most likely to issue a:
单选题Consider a $3 million semiannual-pay floating-rate issue where
the rate is reset on January 1 and July 1 each year. The reference rate is
6-month LIBOR, and the stated margin is +1.75%. If 6-month LIBOR is 7.45% on
July 1, what will the next semiannual coupon be on this issue?
A. $8700000
B. $12450000
C. $13800000
单选题An analysis conducted a significance test to determine if the relationship between two variables was real or the result of chance. His null hypothesis is the that the population correlation coefficient is equal to zero and his alternative hypothesis is that the population correlation coefficient is different from zero. He developed the following information: Value of the test statistic 2.8092 Critical value at the 0.05 significance level 1.96 Critical value at the 0. 01 significance level 2.58 The analyst conducted a: A. one-tailed test and can reject-his null hypothesis. B. Two-tailed test and can reject his null hypothesis. C. One-tailed test and cannot reject his null hypothesis.
单选题Asampleof100observationsdrawnfromanormallydistributedpopulationhasasamplemeanof12andasamplestandarddeviationof4.Usingtheextractfromthez-distributiongivenbelow,findthe95%confidenceintervalforthepopulationmean.The95%confidenceintervalisclosestto:
单选题When a bank creates a collateralized loan obligation (CLO) to divest of commercial loans that it owns, the process is best described as a(n):
单选题A portfolio has a return of 14.2 percent and a Sharpe's measure of
3.52. If the risk - free rate is 4.7 percent, what is the standard deviation of
returns?
A. 2.6%.
B.3.9%.
C.2.7%.
单选题Biggs, Inc., holds a bond portfolio that is, on average, trading below par value. They have faced some cash flow problems of late and have used the bond interest payments for operating expenses. The bonds are callable. Given the current situation, Biggs faces which types of risk? A. Interest rate risk. B. Interest rate risk and reinvestment risk. C. Interest rate risk and call risk.
单选题An investor has a 1-year, semiannual, 10% coupon bond which is priced at $1025. If the 6-month spot rate on a bond-equivalent basis is 8%, the 1-year theoretical spot rate as a BEY is:
单选题Ananalystdoesresearchaboutcorrelationsandgatheredinformationaboutthreeeconomicvariables.HenotedthatwhenevervariableXincreasedbyoneunit,variableYincreasedby0.5unitsbutvariableZdecreasedby0.5units.ThecorrelationbetweenvariablesXandYandthecorrelationbetween-variablesXandZ,respectively,areclosestto:
单选题Which of the following statements concerning the security market line (SML) and the capital market line (CML) is true?
单选题The Alphabet Soup Company sold $ 500 of vegetable soup on credit. Which of the following pairs of entries would appear in the general ledger? A. Credit inventory and debit accounts receivable. B. Debit cost of goods sold and credit accounts receivable. C. Debit inventory and credit accounts payable.
单选题Which of the following statements about risk and return is FALSE? A. Return objectives should be considered in conjunction with risk preferences. B. Return objectives may be stated in dollar amounts or in percentages. C. Return-only objectives provide a more concise and efficient way to measure performance for investment managers.