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发布时间:2023-10-23 17:33:45

[单项选择]An analyst developed the following data on Stock X and the market: Return on the market =0.1200 Covariance between the return on Stock X and the return on the market = 0.0288 Correlation coefficient between the return on Stock X and the return on the market = 0.8000 Standard deviation of the returns on Stock X = 0.1800 Standard deviation of the returns on the market = 0.2000 Based on the data above, the beta of Stock X is:()
A. 0.144.
B. 0.720.
C. 0.800.

更多"An analyst developed the following "的相关试题:

[填空题]A stockbroker gets the stock data in history by a desktop ______.
[单项选择]An analyst finds a stock with historical returns that are not correlated with interest rate changes. The analyst writes a report for his clients that have large allocations in fixed - income instruments and emphasizes the observed lack of correlation. The clients with allocations of fixed income instruments are the only clients to see the report. According to Standard Ⅴ (B) , Communication with Clients and Prospective Clients, the analyst has:()
A. violated the Standard concerning fair dealings with all clients.
B. not violated the Standard.
C. violated the Standard by emphasizing the information concerning the correlation.
[单项选择]An analyst gathered the following data about Bands Forever: In 2007 Bands Forever reported net income of $ 22500 and had 3000 shares of stock outstanding for the entire year. The company also had 1200 shares of 10% , $ 50 par value preferred stock outstanding for the entire year. The company had 50,10% coupon, $1000 par value bonds convertible into 50 shares of stock each, also outstanding for the entire year. The average market price of the stock for 2007 was $ 20. The tax rate is 40%. The convertible bonds are:()
A. dilutive, with diluted earnings per share(EPS) of $ 2.45 versus basic EPS of $ 0.50.
B. dilutive, with diluted EPS of $ 3.55 versus basic EPS of $ 5.50.
C. antidilutive, with diluted EPS of $ 8.50 versus basic EPS of $ 7.50.
[单项选择]An analyst is investigating one stock with high after-tax return above the benchmark and is concerned about his perceptions of slowdown in the macroeconomic next year. So he adjusts the historical probability of the stock’s return above the benchmark. The analyst is best characterized as gaining a(n):()
A. a priori probability.
B. objective probability.
C. empirical probability
[单项选择]An analyst gathers the following data about a company: Target capital structure of 10% preferred stock,50% common equity, and 40% debt. Outstanding 20-year, annual-pay,6% coupon bonds selling for $ 894. Common stock selling for $ 50 per share is expected to pay a $ 2 dividend that grows at 8%. The company’s 5% , $100 par preferred stock currently sells for $90. The company’s tax rate is 40%. The after-tax cost of debt and the cost of common equity are closest to: Cost of debt Cost of equity () ①A. 4.2% 9.0% ②B. 4.2% 12.0% ③C. 5.1% 9.0%
A. ①
B. ②
C. ③
[单项选择]An analyst gathered the following data about a project: Costs are $ 8000 plus $ 2000 in shipping and installation. For the next five years the project will annually generate $5000 in sales and $ 2000 in costs, not including depreciation. The project is being depreciated on a straight-line basis over five years with no salvage value. The company’s tax rate is 40% , and the weighted average cost of capital is 10%. The project’s net present value (NPV) is closest to:()
A. -$144.
B. $144.
C. $279.
[单项选择]An analyst gathered the following data about a company: Current liabilities are $ 300. Total debt is $ 900. Working capital is $ 200. Capital expenditures are $ 250. Total assets are $ 2000. Cash flow from operations is $ 400. If the company would like a current ratio of 2, they could :()
A. decrease current assets by 100 or increase current liabilities by 50.
B. decrease current assets by 100 or decrease current liabilities by 50.
C. increase current assets by 100 or decrease current liabilities by 50.
[单项选择]
An analyst has gathered the following data about a company with a 12 percent cost of capital.
 
Project A
Project B
Initial cost
A. accept both projects.
B. accept project A and reject project B.
C. C. reject project A and accept project
[单项选择]An analyst is creating a new stock market index that is not affected by stock splits. The index the analyst is least likely to develop is:()
A. unweighted.
B. price-weighted.
C. value-weighted.
[单项选择]Gloria Arraria, CFA, is a stock analyst at a large multinational bank trust department. A cash tender offer was announced by a company whose stock was held by Arraria’s employer as well as by her sister. Under the terms of the offer, the first million shares tendered would be accepted in full at $45 a share (which was 15% above the existing market) and the next one million shares on a pro rate basis also at $ 45 a share. Arratia immediately called her sister with the news but waited a few days to tender holdings of the trust department. This situation violated Standard:()
A. Ⅰ (B)Independence and Objectivity.
B. Ⅵ (B) Priority of Transactions.
C. Ⅳ (A) Loyalty.
[单项选择]It’s the part of the job that stock analyst Hiroshi Naya dislikes the most: phoning investor managers on a Saturday or Sunday when he’s working on a report and facing a deadline. In Japan, placing a work call to someone on the weekend "feels like entering someone’s house with your shoes on, " says Naya, chief analyst at Ichiyoshi Research Institute in Tokyo. So last year, Naya started asking his questions via messages on Facebook. While a telephone call seems intrusive, he says, a Facebook message "feels more relaxed. "
Many Japanese have become fans of Mark Zuckerberg’s company in the past year. It’s taken a while: Even as Facebook took off in India, Indonesia, and other parts of Asia, it’s been a laggard in Japan since its local-language version debuted in 2008. The site faced cultural obstacles in a country where people historically haven’t been comfortable sharing personal information, or even their names, on the Internet. Homegrown rivals such a
A. If a company wants to succeed in a foreign country, it must make adjustment according to local customs.
B. Too many companies engaging in the same industry will lead to blind competition.
C. The successful business model in one country may have a hard time when transplanted to other countries.
D. The success of enterprise has a lot to do with imitating well-recognized business model.

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