单选题After a two-for-one stock split, which of the following will most likely change relative to its pre-split value?
单选题Cross-sectional returns studies contend that: A. all securities should have equal risk-adjusted returns because security prices should reflect all public information that would influence the security's risk. B. all securities should have equal risk-adjusted returns because security prices should not reflect all public information that would influence the security's risk. C. securities should not have equal risk-adjusted returns because security prices should not reflect all public information that would influence the security's risk.
单选题An analyst does research about discretionary fiscal policy. Challenges to implementing a discretionary fiscal stimulus in a timely manner are least likely to include that: A. govemments discuss, vote on, and enact fiscal policy changes. B. policy-makers recognize the nature and extent of the economic problems precisely. C. government expenditures on unemployment insurance payments will increase during a recession.
单选题Deferred tax liabilities might be considered neither a liability nor
equity, when:
A. non-reversal is certain.
B. they are likely to result in cash out flow.
C. financial statement depreciation is inadequate.
单选题Based on research that has been done regarding the relationship between deficits and interest rates it can be concluded that: A. year-to-year data indicate a strong relationship between budget deficits and interest rates but over a more lengthy period, persistently large budget deficits do lead to higher interest rates as implied by the crowding-out model. B. year-to-year data indicate a loose relationship between budget surpluses and interest rates but over a more lengthy period, persistently large budget deficits do lead to higher interest rates as implied by the crowding-out model. C. year-to-year data indicate a loose relationship between budget deficits and interest rates but over a more lengthy period, persistently large budget deficits do lead to higher interest rates as implied by the crowding-out model.
单选题If the probability of a Type I error decreases, then the probability of: A. incorrectly rejecting the null increases. B. a Type Ⅱ error increases. C. incorrectly accepting the null increases.
单选题Considerthegraphbelow.Thegraphisadepictionofaputoptionwithanexercisepriceof$100.Ifthetocktradesfor$97.
单选题The unemploym ent rate is best described as the ratio of unemployed to:
单选题Which of the following statements least accurately describes why firms can coordinate economic activity more efficiently than markets? Firms can achieve:
单选题A company suffered a substantial loss when its production facility was destroyed in an earthquakeagainst which it was not insured
单选题When a firm is earning positive economic profits in a monopolistic
competitive market, what will most likely occur?
A. New firms will enter driving down the economic profits to zero.
B. Losses will occur in the short run.
C. Price takers will be over run by price searchers.
单选题In a full employment economy the quantity theory of money states that
any increase in the supply of money in excess of the rate of growth of real GDP
will lead to:
A. increased prices.
B. increased velocity.
C. increased production.
单选题Technically, an individual is unemployed when he or she is actively seeking employment or is（ ）
单选题An analyst does research about continuously compounded retum and gathers the following information about a security: Year Return 1 11% 2 -13% 3 16% The security continuously compounded return over the three-year holding period is closest to: A. 12.0% B. 14.0% C. 15.0%
单选题The crowding-out model implies that a: A. budget deficit will increase the real interest rate and thereby retard private investment. B. budget surplus will retard aggregate demand and trigger an economic downturn. C. budget surplus will be a highly effective weapon against inflation.
单选题An investor purchases 100 shares of common stock at 50 each and simultaneously sells call options on 100 shares of the stock with a strike price of 55 at a premium of 1 per option
单选题
在年初，A公司按照每股80美元的价格购进1000股B公司的股票。在该年中，B公司向每股支付了4美元的股息。在年末，B公司的股价为每股75美元。试根据上述条件解答问题。
单选题Financing costs for a capital project are: A. subtracted from estimates of a project's future cash flows. B. captured in the project's required rate of return. C. a sunk cost and should not be considered in the project analysis.
单选题A company has determined that the quantity of that company's product demanded increases by 5 percent when price is reduced by 10 percent. That company's elasticity demand is best described as:
单选题Which of the following is least likely an indicator of a firm's liquidity?