单选题
Use the following information for
Questions. Peter is considering two bonds: Bond
A yield 10% Bond B yield 7 %
单选题An analyst does research about earnings quality. With respect to U. S. GAAP, which of the following is least likely an accounting warning sign for a company? A. the use of short useful lives for amortization. B. a decrease in the last-in, first-out (LIFO) reserve. C. the use of high discount rates for pension plan liabilities.
单选题Which of these steps is least likely to be a part of the financial statement analysis framework?
单选题Which of the following provisions provides the most flexibility for the bond issuer?
单选题A firms estimated costs of debt, preferred stock, and common stock are 12%,17%, and 20%, respectively
单选题Consider the following information: Assume an investor
acquires 300 shares of a $ 40 stock for a total cost of $12000. There is a 50%
initial margin requirement. If the stock price increases to $50 a share, the
equity is:
A. 60%.
B. 70%.
C. 80%.
单选题What are the added types of risks involved with global investing?
单选题Among a company"s price to earnings (P/E), price to sale (P/S), and price to cash flow (P/CF) ratios, it is most accurate to state that P/E ratios are generally more stable from period to period than:
单选题Ananalystdoesresearchaboutarbitrageopportunities.Withrespecttotheinformationalefficiencyofmarkets,istheabilitytocorrectthemispricingofassetsmostlikelyweakenedif:
单选题Which of the following is least likely a part of the execution step of the portfolio management process?
单选题An analyst does research about survivorship bias and its impact to measurement ratios. Hedge fund data bases and indexes that suffer from survivorship bias because of a failure to comply with performance presentation standards are most likely to overstate: A. Sharpe ratios. B. standard deviation of returns. C. correlations with returns from common stocks.
单选题Which of the following is a general problem associated with external credit enhancements? External credit enhancements:
单选题There is a 40% chance that the economy will be good next year and a 60% chance that it will be bad. If the economy is good, there is a 50% chance of a bull market, a 30% chance of a normal market, and a 20% chance of a bear market. If the economy is bad, there is a 20% chance of a bull market, a 30% chance of a normal market, and a 50% chance of a bear market. What is the joint probability of a good economy and a bull market?
单选题Modlin has a margin account and deposits $ 20000. Assuming the margin requirement is 25%, commissions are ignored, and The Z Corporation is selling at $ 30 per share. How many shares can Modlin purchase using the maximum allowable margin?
单选题If the Capital Asset Pricing Model (CAPM) applies and transactions costs are permitted, all else equal, the most likely result is that the security market line (SML) will:
单选题What is the money market yield for a T-bill that is selling for $48000, with a face of $50000, and 270 days remaining until maturity?
单选题A minimum wage above the equilibrium wage is best characterized as a:
单选题High-water marks are typically used when calculating the incentive fee on hedge funds
单选题Which of the following statements about monopolies is most accurate? A. A monopolist's optimal production quantity is at the point where marginal revenue equals marginal cost. B. Monopolists charge the highest possible price. C. Monopolists always make a profit.
单选题In perfectly competitive constant-cost industries and perfectly competitive increasing-cost industries, respectively, what is the most likely long-run effect of a permanent increase in demand? ncreasing-cost industry Constant-cost industry ①A. price decreases price decreases ②B. price decreases price remains unchanged ③C. price remains unchanged price decreases