单选题Sarah Parker is buying a new $ 25000 car. Her trade - in is worth $5000 so she needs to borrow $ 20000. The loan will be paid in 48 monthly installments and the annual interest rate on the loan is 7.5%. If the first payment is due at the end of the first month, what is Sarah's monthly car payment? A. $480.57. B. $416.67. C. $483.58.

单选题A labor market analyst makes the following assertions about trends in labor income: Statement 1: The net effect of technological improvements has been to increase the demand for labor. This can be seen in the long-run increase in real wage rates. Statement 2: The broadest measure of labor income is total wages, salaries, and tips received. Are these two statements correct? Statement 1 Statement 2 ①A. Correct Correct ②B. Incorrect Correct ③C. Correct Incorrect

单选题Which of the following is most likely a factor that influences the elasticity of supply for a good?

单选题A company is planning on setting up a new financing arrangement where $100 million will be borrowed in order to finance a major expansion into a foreign market. The CFO is concerned that there may be an interest rate decline within the next two months. There is significant concern among the executives of the company that any delay would seriously hamper the company's chances of gaining a foothold in the new market and feel that it is vital to proceed without delay. The CFO obtains the following quotes from a dealer for an FRA: Dealer Quotes 60-Day LIBOR=0.0450 90-Day LIBOR=0.0440 180-Day LIBOR=0.1420 The contract covers a notional principal of $100 million. The company goes short on the FRA and 90 days later when the contract expires, the 90-day LIBOR rate is 4. 50 percent. What does the company collect from, or pay to, the dealer? A. The company pays $24722. B. The company pays $25000. C. The company pays $146699.

单选题Which of the following two factors are most likely to be considered variable during the short run?

单选题If an analyst want to take into consideration most of the differences among companies with respect to quality of earnings, he can use（ ）

单选题If market interest rates rise, the price of a callable bond, compared to an otherwise identical option-free bond, will most likely decrease by: A. less than the option-free bond. B. more than the option-free bond. C. the same amount as the option-free bond.

单选题If a 10 percent income increase caused a group of consumers to increase their purchases of television sets from 95 to 105, the group's income elasticity of demand for television sets would be closest to: A. 1.00. B. 0.10. C. 0.83.

单选题Jayce Arnold, a CFA candidate, is studying how the market yield environment affects bond prices. She considers a $1000 face value, option-free bond issued at par. Which of the following statements about the bond's dollar price behavior is most likely accurate when yields rise and fall by 200 basis points, respectively? Price will: A. decrease by $124, price will increase by $149. B. increase by $124, price will decrease by $149. C. decrease by $149, price will increase by $124.

单选题An analyst is doing research about a floating-rate security and its price change. All else being equal, under what condition, the price of a floating-rate security is most likely to react in the same way to changes in market interest rates as a fixed-rate coupon bond? A. Market rates increase between coupon reset dates. B. Market rates are substantially below the floating rate security's cap rate. C. Market rates are substantially above the floating rate security's cap rate.

单选题Kristen Chandler, CFA, has been doing research about different types of goods. Which of the following goods has a positively sloped demand curve as a result of the negative income effect overweighting the positive substitution effect? A. Veblen. B. Giffen. C. Inferior.

单选题Which of the following statements about a classified balance sheet is least likely accurate? A classified balance sheet（ ）

单选题If a bonds issuer is required to retire a specified portion of the issue each year, the bond most likely:

单选题Which of the following factors of production is least likely to be fixed in the short run? A. Capital equipment. B. Labor. C. Plant size.

单选题Which of the following statements about monopolies is mostaccurate?（ ）

单选题An analyst does research about real estate investing and gathers the following information for a real estate investment: Gross potential rent $250000 Insurance and taxes $15000 Utilities $9000 Maintenance $13000 Depreciation $8000 Mortgage interest $10000 If the estimate vacancy loss is 5%, the net operating income is closest to: A. $182500 B. $192500 C. $200500

单选题 已知某国的失业率为14%且处于自然失业率的水平，去年的通货膨胀率为5%。该国的宏观经济政策制定者认为可以通过不断提高总需求水平来使失业率和通货膨胀率保持较低的水平。试根据上述条件回答问题。

单选题An analyst asked an junior associate to evaluate the performance of group of mutual funds over the last 10 years. The associate calculated the following performance statistics. Mutual Fund Ceometric Mean Return Arihmetic Mean Return Standard Deviation Mean Absolute Deviation A 13.5% 16.2% 20.8% 25.6% B 16.9 14.3% 23.4% 19.2% The analyst suspects that the associate has made some errors in calculating the performance statistics. Based only on the expected mathematical relationship, between the two measures of return and between the two measures of dispersion calculated by the associate, did the associate most likely make errors in calculating the statistics associated with: Mutual Fund A? Mutual Fund B? ①A. No No ②B. No Yes ③C. Yes Yes A．① B．② C．③

单选题Most of the differences among companies with respect to quality of earnings are addressed when companies are compared using: A. price to cash flow ratios but not price to earnings ratios. B. price to earnings ratios but not price to cash flow ratios. C. either price to cash flow ratios or price to earnings ratios.

单选题AnanalystgatheredthefollowingreturninformationoveralO-yearperiodfortwofunds,FundXandFundY:Correlation(RX,RY)=0.34Basedonthisinformation,thepopulationcovarianceofthereturnsbetweenthetwofundsisclosestto: