更多"[单选题]If a stock portfolio is well d"的相关试题:
[单选题] The primary function of large diversified brokerage firms in the money market is to
A. sell money market securities to the Federal Reserve for its open market operations.
B. make a market for money market securities by maintaining an inventory from which to buy or sell.
C. buy money market securities from corporations that need liquidity.
D. buy T-bills from the U.S. Treasury Department.
[单选题]The expected return on a portfolio considers which of the following factors?
I. Percentage of the portfolio invested in each individual security
II. Projected states of the economy
III. The performance of each security given various economic states
IV. Probability of occurrence for each state of the economy
A. I and III only
B. II and IV only
C. I, III, and IV only
D. II, III, and IV only
E. I, II, III, and IV
Difficulty: 1 Easy
Topic: Expected return
Learning Objective: 13-01 Show how to calculate expected returns, variance, and standard deviation.
[单选题]The standard deviation of a portfolio:
A. is a measure of that portfolio's systematic risk.
B. is a weighted average of the standard deviations of the individual securities held in that portfolio.
C. measures the amount of diversifiable risk inherent in the portfolio.
D. serves as the basis for computing the appropriate risk premium for that portfolio.
E. can be less than the weighted average of the standard deviations of the individual securities held in that portfolio.
Difficulty: 1 Easy
Topic: Standard deviation and variance
Learning Objective: 13-02 Discuss the impact of diversification.
[单选题]1.Portfolio investments refer primarily to:
A.A.direct investments
B.B.bonds
C.C.liquid assets
D.D.short-term assets
[单选题]5.Portfolio theory tells us that by investing in securities with yields that are inverse ly related over time:
A.A.a given yield can be obtained at a smaller risk
B.B.a high yield can be obtained for the same level of risk
C.C.a two-way capital flow may be required achieve a balanced portfolio
D.D.all of the above
[单选题]The expected return on a portfolio:
I. can never exceed the expected return of the best performing security in the portfolio.
II. must be equal to or greater than the expected return of the worst performing security in the portfolio.
III. is independent of the unsystematic risks of the individual securities held in the portfolio.
IV. is independent of the allocation of the portfolio amongst individual securities.
A. I and III only
B. II and IV only
C. I and II only
D. I, II, and III only
E. I, II, III, and IV
Difficulty: 1 Easy
Topic: Expected return
Learning Objective: 13-01 Show how to calculate expected returns, variance, and standard deviation.
[单选题] Changes in stock prices
A. affect people's wealth and their willingness to spend.
B. affect firms' decisions to sell stock to finance investment spending.
C. are characterized by considerable fluctuations.
D. all of the above.
E. only A and B of the above.
[单选题] Governments never issue stock because
A. they cannot sell ownership claims.
B. the Constitution expressly forbids it.
C. both A and B of the above.
D. neither A nor B of the above.
[单选题] The stock market is important because
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.
[单选题]The cost of preferred stock:
A. is equal to the dividend yield.
B. is equal to the yield to maturity.
C. is highly dependent on the dividend growth rate.
D. is independent of the stock's price.
E. decreases when tax rates increase.
Difficulty: 1 Easy
Topic: Cost of preferred stock
Learning Objective: 14-02 Determine a firm's cost of debt.
[简答题] Governments never issue stock because they cannot sell ownership claims.
[简答题] Common stock is the riskiest corporate security, followed by preferred stock and then bonds.
[单选题] Stock values computed by valuation models may differ from actual market prices because it is difficult to
A. estimate future dividend growth rates.
B. estimate the risk of a stock.
C. forecast a stock's future dividends.
D. all of the above are true.
[单选题] To take advantage of anticipated stock price decreases, an investor would use ________.
A. a market order
B. a limit order
C. a short sell
D. margin credit
[单选题] Stock prices since the 1980s have been
A. relatively stable, trending upward at a steady pace.
B. relatively stable, trending downward at a moderate rate.
C. extremely volatile.
D. unstable, trending downward at a moderate rate.
[单选题] The most active stock exchange in the world is the
A. Nikkei Stock Exchange.
B. London Stock Exchange.
C. Shanghai Stock Exchange.
D. New York Stock Exchange.
