第1题
A company has issued non-callable, non-convertible preferred stock with the following features:
· Par value per share: $10
· Annual dividend per share: $2
· Maturity: 15 years
An investor’s required rate of return is 8%, and the current market price per share of the preferred stock is $25. By comparing the estimated intrinsic value with the market price of the preferred stock, the most likely conclusion is that the preferred stock is:
A.fairly valued at $25.00.
B.undervalued by $15.00.
C.overvalued by $4.73.
第2题
The last, and perhaps most troubling possibility for the stock market, would be a (n) economic dive into recession.
A.unexpected
B.casual
C.dramatic
D.theoretical
第3题
第4题
A、the New York Stock Exchange
B、the American Stock Exchange
C、OTC Markets
D、the Primary Market
第5题
A.little
B.many
C.much
D.more
第7题
A、It is where interest rates are determined.
B、It is the most widely followed financial market in the United States.
C、It is where foreign exchange rates are determined.
D、all of the above.
第8题
A.How to buy or sell shares.
B.Basic knowledge of stock market.
C.The stock market is like gambling.
D.Investing money in the stock market is not the safest way.
第9题
Which of the following statements on the forms of the efficient market hypothesis (EMH) is least accurate?
A.The weak-form. EMH states that stock prices reflect current public market information and expectations.
B.The semi-strong form. EMH addresses market and non-market public information.
C.The strong-form. EMH assumes perfect markets.
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