更多"An analyst does research about equi"的相关试题:
[单项选择]An analyst does research about equity indices. The beginning value for an index is 2029 and the ending value is 2132. If the income for the period is 35 points, the price return of the index is closest to:（）
A. 4.8%
B. 5.1%
C. 6.8%
[单项选择]An analyst does research about an equity swap. An asset manager enters into a swap with a dealer. At the end of each quarter during the life of the swap, the dealer agrees to make a fixed-rate payment of $2 million, and the asset manager agrees to make an equity payment that is based on the return on a stock index for that quarter. The swap agreement allows netting of payments. The value of the stock index is 278 at initiation of the swap and 259 at the end of the first quarter. The payment due from the dealer to the asset manager at the end of the first quarter is most likely:（）
A. equal to $2 million.
B. more than $2 million.
C. less than $2 million because the payments are netted.
[单项选择]An analyst does research about equity valuation of Yelp Industry. Yelp's dividend growth rate is 6% and its dividend retention ratio is 60%. If the justified forward price-to-earnings ratio on Yelp's stock is 16, the implied required rate of return on equity is closest to:（）
A. 3.50%
B. 8.50%
C. 9.75%
[单项选择]An analyst does research about equity valuation and gathers the following information about a company and the economy. The current share price is $45, the price-to-earnings ratio is 15, the nominal risk-free rate is 3.1%, the risk premium is 7%, and the expected retention ratio is 40%. The best estimate of the company's dividend growth rate is:（）
A. 6.1%
B. 7.4%
C. 14.1%
[单项选择]An analyst does research about equity valuation. A company's current annual dividend (D0) of $0.80 is expected to grow at a 20% rate for the next three years and at an 8% rate thereafter. If the required rate of return is 15%, the intrinsic value of the equity is closest to:（）
A. $13.71
B. $16.64
C. $21.33
[单项选择]An analyst does research about equity swap. An investor enters into a threemonth equity swap on a notional principal of $1000000 with the following terms:
·The investor pays the return on an equity index, which is 2308.55 at inception.
·The investor receives a fixed rate of 8.00% with a 30/360 count convention.
If the ending equity index value is 2059.15, the net cash flow to the investor is closest to:（）
A. $47008
B. $88033
C. $128033
[单项选择]An analyst does research about return on equity and gathers the following information about a company in 2011:
·Revenue is $3000000
·Average total assets is $2750000
·Net income is $100000
·Leverage ratio is 1.9
The company's return on equity in 2011 is closest to:（）
A. 3.5%
B. 6.3%
C. 6.9%
[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.
