更多"An analyst does research about risk"的相关试题:
[单项选择]An analyst does research about risk management application of option strategies. An investor who initiates a covered call strategy gathers the following information:
| Stock price | $60.55 |
| Strike price | $65.17 |
| Call price | $3.14 |
The maximum profit for this position is closest to:（）
A. $1.48
B. $4.62
C. $7.76
[单项选择]An analyst does research about index management. Which of the following indexes is most likely to be rebalanced frequently（）
A. Price-weighted index.
B. Equal-weighted index.
C. Market-capitalization weighted index.
[单项选择]An analyst does research about reinvestment risk. Which of the following securities is most likely to be subject to reinvestment risk during the period of time between issuance and maturity（）
A. Treasury bills.
B. Treasury notes.
C. Treasury coupon strips.
[单项选择]An analyst does research about investment risk. Which of the following statements best describes systematic risk（）
A. Total risk.
B. Diversifiable risk.
C. Variability in all risky assets caused by macroeconomic variability.
[单项选择]An analyst does research about investment risk. In the context of capital market theory and the capital asset pricing model, investors should most likely expect higher retums for accepting increasing amounts of:（）
A. total risk.
B. unique risk.
C. systematic risk.
[单项选择]An analyst does research about interest rate risk. The duration of a bond with $1000 face value is 4.5, and its current price is $990. Which of the following is the best estimate of the bond price change if interest rates increase by 3%（）
A. -$133.65
B. -$135.00
C. $133.65
[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.
