单选题All else being equal, the ceiling on a floating-rate security is most
likely to benefit the:
A. issuer if interest rates fall.
B. issuer if interest rates rise.
C. bondholder if interest rates rise.
单选题Which of the following is NOT a form of plagiarism?
A. Citing quotations said to be attributable to "leading analysts" or
"investment experts" without specific reference.
B. Presenting statistical forecasts by others with the sources identified
but without the qualifying statements that may have been used by the
originator.
C. Using factual information published by a recognized financial statistics
reporting service without acknowledgment.
单选题JME Construction always uses the percentage of completion method of recognizing revenue. During 2004 JME signs a contract in the amount of $10 million with the following data available:
单选题The term "crowding out" implies that: A. Fed purchases of securities cause inflation in the long run. B. A budget surplus will be a highly effective weapon against inflation. C. budget deficits will increase real interest rates and thereby retard business investment.
单选题On 1 January 2011 the market rate of interest on a companys bonds is 5% and it issues a bond with the following characteristics:
Face value
50 million
Coupon rate, paid annually
4%
Time to maturity
10 years (31 December 2020)
Issue price (per 100)
92
单选题An analyst does research about bank discount yield and gathers the following information about a U. S Treasury bill: Face value ￥100000 Maturity 330days Bank discount yield 0.62% The present value of the U. S Treasury bill is closest to: A. $99324 B. $99432 C. $99439
单选题Mariam Musa, CFA, head of compliance at Dunfield Brokers, questions her colleague Omar Kassim, a CFA candidate and a research analyst, about his purchase of shares in a company for his own account immediately before he publishes a buy recommendation
单选题The short-run relationship between unexpected inflation and:
单选题Study the following information about a stock, calculate the price earning ratio:
Required rate of return: 15%
Constant growth rate: 8%
A return on equity: 12%
The earning retention ratio: 20%
单选题If a distribution is positively skewed, then generally you could say: A. mean ＞ median ＞ mode. B. mean ＜ median ＜ mode. C. mean ＞ median ＜ mode.
单选题The money supply schedule is vertical because the:
单选题An analyst does research about cost of capital. All else being equal, if a U. S. company's marginal tax rate decreases, the company's weighted average cost of capital will most likely: A. decrease. B. remain unchanged. C. increase.
单选题The current price of XYZ Inc. is $40 per share with 1000 shares of equity outstanding. Sales are $ 4000 and the book value of the firm is $ 10000. What is the price/sales ratio of XYZ Inc. ?
单选题The primary motivation for investing in commodity-linked bonds is that they most likely provide: A. an income stream. B. capital gains returns. C. protection against interest rate risk.
单选题Usethefollowingvaluesfromastudentst-distributiontoestablisha95%confidenceintervalfortheopulationmeangivenasamplesizeof10,asamplemeanof6.25,andasamplestandardeviationof12.Assumethatthepopulationfromwhichthesampleisdrawnisnormallydistributedandthepopulationvarianceisnotknown.DegreesofFreedomp=0.10p=0.05p=0.025p=0.0191.3831.8332.2622.821101.3721.8122.2282.764111.3631.7962.2012.718The95%confidenceintervalisclosesttoa:
单选题During an accounting period a company has the following sequence of transactions with a beginning inventory of zero:
单选题Afundmanagergathersthefollowingdatatoassessastockspotentialforapossibleadditiontoherportfolio:Whichofthefollowingisthemostappropriatedecisionforthefundmanager?
单选题An investor writes a July 20 call on a stock trading at 23 for premium of $4. The breakeven price on the trade and the maximum gain on the trade are, respectively:
Breakeven Price Maximum Gain
①A. $24 $4
②B. $24 $3
③C. $27 unlimited
单选题Which of the following statements regarding frequency distributions is FALSE? Frequency distributions: A. help in the analysis of large amounts of statistical data. B. organize data into overlapping groups. C. work with all types of measurement scales.
单选题Kimberwick Technologies reports the following information as of December 3l,2007. In addition, the company reported $1000 in depreciation expense. If the change in the cash balance for the year was $12000 using the indirect method, the cash collections and cash flow from operations (CFO) using the direct method is closest to（ ）