单选题Mariam Musa, CFA, head of compliance at Dunfield Brokers, questions her colleague Omar Kassim, a CFA candidate and a research analyst, about his purchase of shares in a company for his own account immediately before he publishes a buy recommendation
单选题An investor notices that the price of an American call option is above the price of a European call option with otherwise identical features
单选题Which of the following will most likely increase a companys operating cash flow? An increase in:
单选题A continuous uniform distribution has the parameters a = 2 and b = 10. The F(7) is:
单选题Beth Kozniak, a CFA candidate, is an independent licensed real estate broker and a well-known property investor
单选题An analyst does research about interest rate policy tools. In implementing monetary policy, which of the statements is NOT used as an interest rate policy by the U. S. Federal Reserve? A. Bank reserve requirements. B. The prime rate. C. Verbal persuasion to influence how banks supply credit to businesses and consumers.
单选题Steve Walker, CFA, is attending an economics lecture, during which the lecturer makes the following two statements about consumer price inflation: Statement 1: High-definition televisions are considerably more expensive than traditional models. This means consumers are spending more money per television unit, which represents a form of inflation. Statement 2: Employment contracts with cost-of-living increases based on the Consumer Price Index result in optimal economic decisions because they adjust wage costs automatically for the rate of inflation. Should Walker agree or disagree with these statements? Statement 1 Statement 2 ①A. Agree Agree
②B. Agree Disagree
③C. Disagree Disagree
A．① B．② C．③
单选题Ananalystgatheredthefollowinginformationaboutacompany'scommonstock:Thevalueofashareofthecompany'scommonstockisclosestto:A..B..C..
单选题Use the following data from Delta's common size financial statement to answer the question: Earnings after taxes=18% Equity=40% Current assets=60% Current liabilities=30% Sales=$ 300 Total assets=$1400 What is Delta's total-debt-to-equity ratio?
单选题Information about a companys planned capital expenditures is most likely found in the:
单选题Which of the following is NOT a cash flow in the calculation of cash flow from operations?
单选题Which of the following are examples of tests used to examine the
statistical independence of past returns?
A. Runs tests.
B. Excess Return tests.
C. Event study tests.
单选题When considering convertible preferred stock which of the following components of the earnings per share (EPS) equation needs to be adjusted to calculate diluted earnings per share?（ ）
单选题Samantha Gold is a young investor. She has many affluent friends who have made a lot of money by investing in hedge funds. Drawn by the significant potential returns, Gold has also decided to invest in hedge funds. A friend has suggested investing in a fund of funds, but Gold is concerned with the risks associated with such investing. Also, she is a relatively small investor compared to what she calls "the big hedge fund players." Which of the following two statements, in combination, about fund of funds investing, when compared to investing in individual hedge funds is most accurate?
单选题An accounting document that records transactions in the order in which they occur is best described as a:
单选题If the promised yield is equal to the realized yield then: A. the coupon payments are reinvested at the promised yield during the life of the issue. B. current yield is lesser than the yield to maturity. C. promised yield is greater than current yield.
单选题Which of the following statements regarding the use of P/S multiples
in stock valuation is least likely to be correct?
A. Revenue is relatively easy to manipulate compared to earnings.
B. P/S multiples are positive, even when earnings and book value are
negative.
C. The use of P/S multiples facilitates analysis of the effects of changes
in pricing policy and other corporate strategic decisions.
单选题If the Federal Reserve unexpectedly shifts to a more expansionary monetary policy, which one of the following is most likely occur in the short run?
单选题Which of the following statements about financial reporting standards is least accurate? Reporting standards : A. narrow the range within which management estimates can be seen as reasonable. B. make financial statements comparable to one another. C. are disclosed on Form 8 -K by publicly traded firms in the United States.
单选题When purchasing a futures contract, the initial margin requirement is best described as the: