更多"An analyst does research aboutportf"的相关试题:
[单项选择]An analyst does research about duration and gathers the following information about the price sensitivity of an option-free bond:
| Yield Change | Price |
| Increase 25 basis points | 92.4 |
| Decrease 25 basis points | 95.9 |
If the bond's current price is 93.8, the duration is closest to:（）
A. 3.73
B. 7.46
C. 14.92
[单项选择]An analyst does research about duration. Which of the following measure is the lowest for a currently callable bond
A. Macaulay duration.
B. Effective duration.
C. Modified duration.
[单项选择]An analyst does research about duration. If the interest rate falls by 25 basis points, the price of a bond will be $106.5, and if interest rate rises by 25 basis points, the price of the bond will be $98.8. If the current price of the bond is $101.2, the duration is closest to:（）
A. 7.61
B. 15.22
C. 30.44
[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 collateralized mortgage obligation (CMO). Which of the following statements is least accurate with respect to motivation for creating a collateralized mortgage obligation（）
A. A collateralized mortgage obligation appeals to a wider audience and decrease overall borrowing costs.
B. A collateralized mortgage obligation creates securities with various maturity ranges.
C. A collateralized mortgage obligation redistributes the prepayment risk pro rata among investors.
[单项选择]An analyst does research about perfect competition. In a perfect competition market, the market's demand curve is most likely（）
A. less elasticthan a single firm's demand curve.
B. equally elastic as a single firm's demand curve.
C. more elastic than a single firm's demand curve.
[单项选择]An analyst does research about difference between an option-free bond and a callable bond. Compared to an otherwise identical option-free bond, a callable bond is least likely to have:（）
A. a more uncertain cash flow pattem.
B. less price appreciation potential as interest rates fall.
C. more price depreciation potential as interest rates rise.
[单项选择]An analyst does research about characteristics of U. S. Treasury inflation protection securities (TIPS). Which of the following statements is most accurate U. S. Treasury inflation protection security (TIPS):（）
A. has interest payments that are based on an inflation-adjusted coupon rate.
B. has interest payments that are based on an inflation-adjusted principal.
C. may be redeemed at maturity for less than the original par value amount.
[单项选择]An analyst does research about revenue recognition policy. In order to analyze a company's financial statements, and particularly to compare one company's financial statements with those of another company, which of the following is least likely helpful to understand any differences in their revenue recognition policies（）
A. Calculate the monetary effect of differences between particular companies' revenue recognition policies and estimates.
B. Characterize the relative conservatism of a company's policies.
C. Qualitatively assess how differences in policies might affect financial ratio.
[单项选择]An analyst does research about expansionary fiscal policy. An increase in a government's spending and a decrease in a government's tax will most likely cause a decrease in:（）
A. private saving only.
B. private investment only.
C. both private saving and private investment.
[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.
