level1(CFA)2021年1月21日每日一练
单选题Tenence recently passed the CFA examination. When he seek for potential employers, he writes in the cover letter: I have passed all three levels of the CFA Program and may be eligible for the CFA charter after I get the required work experience. According to AIMR Standards of Professional Conduct, Terence（ ）
单选题Which of the following is NOT a risk factor for a country"s risk premium?
单选题A coupon bond pays annual interest, has a par value of $1000, matures in 4 years, has a annual coupon of $100, and a yield to maturity of 12 percent. The current yield on this bond is:
单选题All of the following are barriers to entry EXCEPT:
单选题For an asset-backed security (ABS), a special purpose vehicle: A. acts as an intermediary that purchases an asset from the company issuing an ABS and then resells it to obtain sufficient liquid funds to provide collateral for the ABS. B. takes title to at least some of the firm's fixed assets. C. is a legal entity responsible for separating assets used as collateral from those of the company seeking financing through an ABS.
单选题Johnson Corp. had the following financial results for the fiscal 2004 year:
单选题The lower bound on a European call price is the greater of zero and: A. the underlying price minus the exercise price. B. the present value of the exercise price minus the underlying price. C. the underlying price minus the present value of the exercise price.
单选题An analyst is considering a company that has had Net Income of $ 15000000 on sales of $ 500000000. The company also has a Total Asset Turnover rate of 1.50 and a Total Assets/Equity ratio of 2.0. The company has a target payout ratio of 40%, what is the expected long-term earnings growth rate for this company?
单选题An investor owns an annual-pay bond that matures in five years with a 5% COUpon rate and a $1000 face value. If the discount rate is 8%, the value of the bond is closest to: A. $878 B. $880 C. $1081
单选题A companys series B,8% preferred stock has the following features:
A par value of $50 and pays quarterly dividends