更多"An analyst does researchabout lease"的相关试题:
[单项选择]An analyst does researchabout ways to manipulate the cash flow statement. When shock is repurchased to offset dilution of earnings caused by the exercise of employee stock options, which of the following is the most appropriate adjustment to calculate the true free cash flow generated by the firm（）
A. Decreasing cash flow from financing activities.
B. Increasing cash flow from operating activities.
C. Decreasing cash flow from operating activities.
[单项选择]An analyst does research about sampling. Compared to estimates of parameters produced from simple random sampling, estimates of parameters produced from stratified random sampling most likely have:
A. less precision.
B. the same precision.
C. greater precision.
[单项选择]An analyst does research about kurtosis. Compared to a normal distribution, a distribution with excess kurtosis of zero is best described as:
A. less peaked.
B. equally peaked.
C. greater peaked.
[单项选择]An analyst does research about asset classes. When an investor defines an asset class for the purpose of asset allocation, which of the following statements is most accurate The investor should ensure that assets in one class:（）
A. have high paired correlations with other asset classes and relatively homogeneous.
B. have low paired correlations with other asset classesand relatively heterogeneous.
C. have low paired correlations with other asset classesand relatively homogeneous.
[单项选择]An analyst does research about standard deviation and gathers the following information about two scenarios:
| Scenario | Probability | Expected rate of return |
| A | 0.40 | -5% |
| B | 0.60 | 10% |
The expected standard deviation is closest to:（）
A. 5.29%
B. 7.35%
C. 8.57%
[单项选择]An analyst does research about relationship between credit spreads and economic well being. In general, credit spreads on corporate bonds tend to:（）
A. tighten during both economic expansions and economic contractions.
B. widen during economic expansions and tighten during economic contractions.
C. tighten during economic expansions and widen during economic contractions.
[单项选择]An analyst does research about common probability distributions. Compared to a normal distribution, a return distribution with negative excess kurtosis most likely has :（）
A. more extreme outcomes.
B. less observations clustered around the mean.
C. a longer tail on the left side than on the right side.
[单项选择]An analyst does research about alternative investments. With respect to alternative investments, a long time horizon and intense investor participation are most likely to be required for successful investing in both :
A. hedge funds and exchange traded funds.
B. venture capital and distressed securities.
C. commodities and commodity derivatives.
[单项选择]An analyst does research aboutportfolio duration and gathers the following information about a portfolio consisting of two bonds:
| Bond | Par Value | Market Value | Duration |
| 1 | $400000 | $380000 | 6 |
| 9 | $600000 | $620000 | 4 |
The portfolio's duration is closest to:（）
A. 4.76
B. 4.80
C. 5.24
[单项选择]An analyst does research about corporate govemance. The interests of a company's share owners are least likely to be served if that company's executive management compensation program:（）
A. Encourages long-term growth instead of short-term increases in share value.
B. Includes downward reprising of strike prices for previously granted stock options.
C. Includes an element based on share-price performance relative to that company's competitors and peers.
[单项选择]An analyst does research about calculating relative yield spread and gathered the following yield information about two bonds:
| Issue | Yield |
| 5 year on-the-run Treasury | 5.10% |
| 5 year A-rated security | 6.35% |
The relative yield spread between these two bonds is closest to:（）
A. 4.5%
B. 19.7%
C. 24.5%
[单项选择]An analyst does research about breakeven quantity of sales and gathers the following information about a company:
| Number of units sold | 3.2 million |
| Sales price per unit | $350 |
| Variable cost per unit | $150 |
| Fixed operating cost | $450 million |
| Fixed financing cost | $125 million |
The company's breakeven point is closest to:（）
A. 1625000 units.
B. 2250000 units.
C. 2875000 units.
[单项选择]An analyst does research about confidence interval. The range of a confidence interval is most likely determined by the product of the reliability factor and the:（）
A. standard error.
B. mean.
C. degree of confidence.
[单项选择]An analyst does research about portfolio management. Which of the following statements is Least accurate when an investor diversifies a portfolio（）
A. Systematic risk is eliminated.
B. The variance of the portfolio declines.
C. The portfolio will have a higher correlation with the market portfolio.
[单项选择]An analyst does research about calculating reinvestment income to achieve desired yield. An 8 percent coupon bond with seven years to maturity makes semiannual interest payment and has a maturity value of $1000. The bond is currently selling at $1112.96 to provide a 6 percent yield. The amount of reinvestment income required to generate this yield is closest to:（）
A. $110.48
B. $123.45
C. $226.44
[单项选择]An analyst does research about financial reporting quality. An incentive for a company's management reporting lower earnings is least likely to:（）
A. remain in compliance with lending covenants.
B. obtain trade relief in the form of quotas or protective tariffs.
C. negotiate favorable terms from creditors.
[单项选择]An analyst does research about depreciation expense for a company. The company purchases equipment for $1200000 with an estimated useful life of 6 years and no estimated residual value. Using the double-declining balance method, the depreciation expense for year 3 is closest to:（）
A. $177778
B. $200000
C. $266667
[单项选择]An analyst does research about financial statements. Which of the following best describes the firm's financial performance over a period of time（）
A. Balance sheet.
B. Income statement.
C. Cash flow statement.
