单选题Which of the following regarding monopolistic competition is TRUE?
单选题An important benefit of an exchange-traded fund"s creation and redemption process is that it:
单选题Portfolio managers at Goodwin & Associates believe they can significantly alter the risk/return profile of their risky portfolios by allocating a portion of available funds to the risk-free asset. Which of the following statements correctly assesses the effect of combining the risk-free asset with a risky portfolio? Adding the risk-free asset will:
单选题Which of the following statement about the normal distribution is FALSE? A. It is completely described by its mean and standard deviation. B. It has a skewness of 1. C. It is bell-shaped.
单选题Is a gold mine an example of a renewable or non-renewable resource and is the supply curve of gold perfectly elastic or inelastic in theory?
Type of resource Supply curve
①A. Renewable Inelastic
②B. Renewable Elastic
③C. Non-renewable Elastic
A. ①B. ②C. ③
单选题Holding the working-age population constant
单选题Which of the following statements is least accurate with regard to the efficiency of monopolistic competition ?
单选题With respect to the Standards of Professional Conduct relating to priority of transaction, which of the following prerequisites is least accurate when conflicts between the client's interests and an investment professional's personal interests occur? A. The client is not disadvantaged by the trade taken for the investment professional. B. The investment professional doesn' t enter into personal transaction that run counter to current clients' holdings. C. The investment professional complies with applicable regulatory requirements.
单选题An analyst adjusts the historical probability of default for high-yield bonds to reflect her perceptions of changes in the quality of high-yield bonds. The analyst is best characterized as obtaining a(n)（ ）
单选题Which of the following is the best method to avoid data mining bias
when testing a profitable trading strategy?
A. Increase the sample size to at least 30 observations per year.
B. Test the strategy on a different data set than the one used to develop
the rules.
C. Use a sample free of survivorship bias.
单选题In order to reduce a trade deficit, the government of a country experiencing full employment moves to depreciate its currency
单选题During a period of rising inventory costs, a company decides to change its inventory method from FIFO (first in, first out) to the weighted average cost method
单选题The most direct disadvantage of investing in a callable security relative to an otherwise identical option-free security is:
单选题An investor gathered the following information about a real estate investment:
单选题A bond has a 10-year maturity, a $1,000 face value, and a 7% coupon rate
单选题An analyst does research about estimating the intrinsic value. With respect to top-down, three-step security valuation, the approach to identify sectors that are expected to prosper is most likeLy analyzed in the: A. first step. B. second step. C. third step.
单选题Edmund Jones, an economist, recommends that the federal government consider reducing its budget deficit during a recession by raising income taxes with no other fiscal policy changes. Jones' income tax increase recommendation will most likely have the following effects on the supply of labor and on potential GDP? Supply of labor Potential GDP ①A. Decrease Decrease ②B. Decrease Increase ③C. Increase Decrease
单选题The following information has been gathered about a firm:
LIFO inventory = $10000 Beginning LIFO reserve = $
2500 Ending LIFO reserve = $ 4000 LIFO cost of
goods sold=$15000 LIFO net income = $1500 Tax
rate is 40% What is the FIFO COGS?
A. $16500.
B. $13500.
C. $11000.
单选题A long-term bond is sold at a discount. In subsequent years cash flow from operations will be:
单选题Suppose a treasury inflation protective security (TIPS) is currently trading at its par value of $100000, and has a 4 percent coupon rate paid semi-annually. If the annual inflation rate is 2.5 percent, what is the coupon payment after six months has passed?