A.divided by the product of the assets’ standard deviations of returns.
B.multiplied by the product of the assets’ variances of returns.
C.multiplied by the product of the assets’ standard deviations of returns.
D.divided by the product of the assets’ variances of returns.
第1题
a price of $26 per share over the next year. The company is not expected to pay a dividend. The following information pertains: RF = 8% ERM = 16% Beta = 1.7 Should the investor purchase the stock?
A.No, because it is undervalued.
B.Yes, because it is overvalued.
C.No, because it is overvalued.
D.Yes, because it is undervalued.
第2题
A.investors can lend any amount of money at the risk-free rate.
B.all investors desire to be the same location on the efficient frontier.
C.all investors have the same one-period time horizon.
D.it is possible to buy or sell fractional shares of an investment.
第3题
A.increase by 22.5%.
B.increase by $4.00.
C.decrease by $22.50.
D.increase by $34.00.
第4题
A.market segmentation theory.
B.preferred habitat theory.
C.liquidity preference theory.
D.pure expectations theory.
第5题
s primarily concerned with the effective duration of the measure. The bond is a 15-year semiannual pay bond with a 9% coupon that is currently priced at $1,076.50 to yield 8.11%. If the yield changes by 25 basis points, the effective duration of this bond is closest to:
A.12.25.
B.8.41.
C.7.42.
D.9.53.
第6题
o. To achieve this goal, she has purchased a 7%, 15-year corporate bond at a discount price of 93.50. What amount of reinvestment income will she need to earn over this 15-year period to achieve a compound return of 7% on a semiannual basis?
A.$624.
B.$724.
C.$459.
D.$574.
第7题
ds rise, the price of putable bonds will fall less quickly than similar option-free bonds (beyond a critical point) due to the increase in value of the embedded put option. Statement 2: As yields fall, the price of putable bonds will rise more quickly than similar option-free bonds (beyond a critical point) due to the increase in value of the embedded put option. Are these statements correct or incorrect? Statement 1 Statement 2
A.Correct Incorrect
B.Correct Correct
C.Incorrect Incorrect
D.Incorrect Correct
第8题
llowing conditions? Capital projects are accepted at any point along a firm’s investment opportunity schedule that is:
A.below the firm’s marginal cost of capital curve.
B.above the firm’s average cost of capital curve.
C.above the firm’s marginal cost of capital curve.
D.below the firm’s average cost of capital curve.
第9题
A.Replacement projects that will lead to cost reductions.
B.Projects that involve a new product or a new market.
C.Replacement projects that maintain the existing business.
D.Expansion projects.
第10题
A.common equity.
B.retained earnings.
C.debt.
D.preferred equity.
为了保护您的账号安全,请在“上学吧”公众号进行验证,点击“官网服务”-“账号验证”后输入验证码“”完成验证,验证成功后方可继续查看答案!