更多"An analyst does research about weig"的相关试题:
[单项选择]An analyst does research about the weighted average cost of capital (WACC) and gathers the following information about a company:
| Debt | Preferred stock | Equity |
| Target capital structure | 40% | 10% | 50% |
| Pre tax component cost of capital | 8% | 8% | 12% |
If the company's marginal tax rate is 40 percent, the weighted average cost of capital is:（）
A. 7.8%
B. 8.7%
C. 10.0%
[单项选择]An analyst does research about money-weighted rate of return and time-weighted rate of return. On 30 June 2010, an investor opened an account with $1000000. The account experienced the following activity over the next two years:
| Date | Withdrawals | Net Ending Balance |
| 30 June 2011 | $471000 | $451000 |
| 30 June 2012 | — | $499900 |
As of 30 June 2012, the investor's money-weighted rate of return and timeweighted rate of return:（）
A. are both positive.
B. are both negative.
C. have different signs.
[单项选择]An analyst does research about time-weighted rate of return and moneyweighted rate of return. If an investor makes an initial deposit into a new account, without any other deposits or withdrawals before closing the account, the investor's money-weighted rate of return when closing the account will be:（）
A. less than the investor's time-weighted rate of return.
B. equal to the investor's time-weighted rate of return.
C. greater than the investor's time-weighted rate of return.
[单项选择]An analyst does research about correlation. The correlation of return between two securities with equal standard deviation is 0.75. If the covariance of returns in 5.5, the standard deviation of return of one security is closest to:（）
A. 2.7%
B. 5.7%
C. 7.3%
[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 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 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 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.
[单项选择]An analyst does research about different inventory valuation methods. Which inventory valuation method least likely results in the same cost of sales for both periodic and perpetual inventory systems（）
A. FIFO.
B. LIFO.
C. Specific identification method.
[单项选择]An analyst does research about difference between Generally Accepted Accounting Principles (U. S. GAAP) and Intemational Financial Reporting Standards (IFRS). The indirect method of presenting cash flow from operation is NOT allowed under（）
A. IFRS ortly.
B. U. S. GAAP only.
C. Neither IFRS nor U. S. GAAP.
[单项选择]An analyst does research about monopolistic competition. Which of the following statements is most accurate Long-run economic profit under monopolistic competition is zero because:（）
A. entry into and exit from the market are possible with fairly low costs.
B. each firm produces a differentiated product.
C. two or more firms have the incentive to collude.
[单项选择]An analyst does research about shareholders voting. With respect to shareholders voting for a candidate for the board of directors, which of the following is most likely to allow shareholders to direct their total voting rights to specific candidates（）
A. Statutory voting.
B. Cumulative voting.
C. Proxy voting.
[单项选择]An analyst does research about hypothesis testing and conducts a significance test to determine if the relationship between two variables is real or the result of chance. His null hypothesis is that the population correlation coefficient is equal to zero and his alternative hypothesis is that the population correlation coefficient is different from zero. He develops the following information:
| Value of the test statistic | 1.7081 |
| Critical value at the 0.05 significance level | 1.96 |
| Critical value at the 0.01 significance level | 2.58 |
The analyst conducts a:（）
A. one-tailed test and can reject his null hypothesis.
B. two-tailed test and can reject his null hypothesis.
C. two-tailed test and can not reject his null hypothesis.
[单项选择]An analyst does research about continuously compounded retum and gathers the following information about a security:
| Year | Return |
| 1 | 11% |
| 2 | -13% |
| 3 | 16% |
|
The security continuously compounded return over the three-year holding period is closest to:（）
A. 12.0%
B. 14.0%
C. 15.0%
[单项选择]An analyst does research about inventory accounting methods. Under U. S. GAAP, which of the following inventory accounting methods results in the highest ending inventory when prices are rising and quantities are stable（）
A. Weighted average cost.
B. Last-in fist-out (LIFO).
C. First-in first-out (FIFO).
