单选题An industry experiencing slow growth, high prices, and volumes insufficient to achieve economies of scale is most likely in the:
单选题Which of the following statements is most accurate regarding the characteristics of a perfectly competitive market?
单选题Roger Margotta, the CFO of Brainchild, Inc., is considering several alternative methods of depreciation for long-term assets. With respect to double-declining method of depreciation, which of the following statements is the most accurate? A. Current ratio will increase over the life of the asset. B. Asset turnover ratio will decrease over the life of the asset. C. Return on Investment will increase over the life of the asset.
单选题An analyst does research about defensive internal ratio and gathers the following information about a company (in millions): · Current ratio is 2.5 ·Quick ratio is 2 ·Cash ratio is 1.5 ·Average daily expenditures is $20 ·Current liabilities is $100 The company's defensive interval ratio is closest to: A. 7.5 B. 10.0 C. 12.5
单选题Ananalystcomparestheunderlyingassumptionbetweentechnicalanalysisandfundamentalanalysis.Dotheunderlyingassumptionsoftechnicalanalysisincludeabeliefthatthemarketvaluesofcommonstocks:
单选题A bond was purchased exactly one year ago for $910 and was sold today for $1020. During the year, the bond made two semi - annual coupon payments of $ 30. What is the holding period return ?
单选题Which of the following could increase the current ratio? A. Buying the equipment on credit. B. Buying the stock on account. C. Selling marketable securities for cash.
单选题Jack George, CFA, does research about financial leverage and gathers the following information about a company (in millions): 2011 2010 Interest expense $15 $15 Net profit margin 12.0% 9.0% Total asset turnover 2.0 2.2 If return on equity decreased over the same time period, the company's financial leverage most likely: A. decreased. B. remained the same. C. increased.
单选题Which of the following statements regarding a LIBOR-based FRA is TRUE? A. If LIBOR increases unexpectedly over the contract term, the long will be required to make a cash payment at settlement. B. FRAs can be based on interest rates for 30, 60, or 90-day periods. C. The contract rate will change with LIBOR over the term of the agreement.
单选题A $1000 face, 10-year, 8.00 percent semi-annual coupon, option-free bond is issued at par (market rates are thus 8.00 percent). Given that the bond price decreased 10.03 percent when market rates increased 150 basis points (bp), which of the following statements is TRUE? If market yields: A. decrease by 150bp, the bond's price will decrease by more than 10.03%. B. decrease by 150bp, the bond's price will increase by 10.03%. C. decrease by 150bp, the bond's price will increase by more than 10.03%.
单选题Euribor is :
单选题TomStafford,CFA,isapartofteamwithinAppletonInvestmentManagement(AIM)responsibleformanagingapoolofassetsforOpenAirBank.AIMisrecognizedasaspecialistinidentifyinginvestmentopportunitiesinsmall-capitalizationstocks.Thefirm'sassetshavegrownrapidlyinrecentyears,andtoenhanceliquidity,seniormanagementrecentlymadethedecisiontoliftthemaximumpermissiblemarket-capceilingfrom$500millionto$2billion.Atthesametime,managementchangedthegroupresponsibleforselectingstockstobeaddedtothefirm's"approved"listfromindividualportfoliomanagerstoacommitteeconsistingofthefirm'schiefinvestmentofficerandfourseniorportfoliomanagers.HasStaffordviolatedtheProfessionalConductStandardsrelatingtocommunicationwithclientsandprospectiveclientsifhedoesn'tnotifyhisclientsaboutthechangesinthe:
单选题Samuel Peter, CFA, manages investment portfolios for high-net-worth individuals. Peter differentiates client service levels by portfolio size and management fee, and he trades more actively in his largest portfolios to make sure that those clients who pay the most management fees get priority and better performance. He fully discloses this arrangement to all of his clients. Has Peter most likely violated the Standards of Professional Conduct? A. No. B. Yes, relating to fair dealing. C. Yes, relating to communication with clients and prospective clients.
单选题A recent report on the Consumer Price Index (CPI) presented the following data for the basket of goods in the apparel category:
单选题Restrictive fiscal policy involves:
A. higher taxes and increased government spending.
B. higher taxes and reduced government spending.
C. lower taxes and increased government spending.
单选题Which of the following is the reason why credit spreads between high quality bonds and low quality bonds widen during poor economic conditions?
单选题Which of the following is a characteristic of perfect competition?
单选题The particular portfolio on the efficient frontier that best suits an individual investor is determined by: A. the individual's asset allocation plan. B. the beta of the market at that particular time. C. the individual's utility curve.
单选题In a perfectly competitive market, what determines the price of the product?
单选题An investor opens a margin account with an initial deposit of $ 5000. He then purchases 200 shares of PRK stock at $46 in his margin account, which has a margin maintenance requirement of 25 percent. Ignoring commissions and interest, the minimum price that PRK stock can fall to before the investor receives a margin call is closest to: