更多"Which one of the following statemen"的相关试题:
[单项选择]Which of the following statements about initial margin requirements in the U.S. is FALSE()
A. If the stock price decreases, the investor’ s relative margin will decline.
B. Currently, the initial margin requirement is 60 percent.
C. The Federal Reserve Board specifies the minimum margin requirements.
[单项选择]Which one of the following statements about correlation is FALSE()
A. Positive covariance means that asset returns move together.
B. If two assets have perfect negative correlation, it is impossible to reduce the portfolio’s overall variance.
C. The covariance is equal to the correlation coefficient times the standard deviation of one stock times the standard deviation of the other stock.
[单项选择]Which one of the following statements about the t - distribution is TRUE()
A. The t- distribution is the appropriate distribution to use when constructing confidence intervals based on large samples.
B. Compared to the normal distribution, the t -distribution is more peaked with more area under the tails.
C. The t - distribution approaches the standard normal distribution as the number of degrees of freedom becomes large.
[单项选择]In the following statements, which one is true
A. Those Afghan refugees have lived in Pakistan for 20 years.
B. The group of Afghan refugees includes 200 people.
C. The Afghan refugees are bound to Pishin District.
D. Kandahar region lies in west southern Afghanistan.
[单项选择]Which of the following statements regarding the Markowitz efficient frontier is least likely to be correct The optimal portfolio for:()
A. a more risk-averse inverse investor will lie inside the efficient frontier but will lie outside the efficient frontier for a less risk-averse investor.
B. an investor is the portfolio that lies on the efficient frontier and provides her with the greatest level utility.
C. an investor is found at the point of tangency between the efficient frontier and an investor’s highest utility curve.
[单项选择]Which of the following statements about uncovered call options is least accurate()
A. The loss potential to the writer is unlimited.
B. The most the writer can make is the premium plus the difference between the exercise price (X) and the stock price (S).
C. The profit potential to the holder is unlimited.
[单项选择]Which of the following statements about monopolies is most accurate()
A. A monopolist’s optimal production quantity is at the point where marginal revenue equals marginal cost.
B. Monopolists charge the highest possible price.
C. Monopolists always make a profit.
[单项选择]Which of the following statements about capitalizing expenses and depreciation is most accurate()
A. The capitalization of a marketing expenditure (instead of expensing it immediately) will result in an increase in fixed asset turnover ratio.
B. The sum-of-years-digits depreciation method charges the largest amount of depreciation in the first year and then decreases at a declining rate each subsequent year.
C. The sum-of-years-digits depreciation method charges the largest amount of depreciation in the first year and then decreases by a constant amount each subsequent year.
[单项选择]Which of the following statements about financial statements and reporting standards is least accurate()
A. Reporting standards focus mostly on format and presentation and allow management wide latitude in assumptions.
B. The objective of financial statements is to provide economic decision makers with useful information.
C. Financial statements could potentially take any form if reporting standards didn’t exist.
[单项选择]Which of the following statements about efficient markets and indexes is FALSE()
A. An unweighted index assumes that investors make and maintain an equal dollar investment in each stock in the index.
B. External efficiency means prices adjust rapidly to new information.
C. Efficient markets tests have found that stocks with high price-to-earnings ratios (P/E) tend to outperform stocks with low P/E ratios.
[单项选择]Which of the following statements about arbitrage and market anomalies is most accurate()
A. Investors of the funds that arbitrageurs and traders use are generally too patient and fail to remove funds in a timely manner when trades go against them.
B. Arbitrageurs have more capital at their disposal than they require enabling them to pursue any security mispricing.
C. In pairs trading, where an arbitrageur purchases the underpriced security and shorts the overpriced security, stock-specific risk remains.
[单项选择]Which of the following statements about investment constraints is FALSE()
A. Diversification efforts can increase tax liability.
B. Investors concerned about time horizon are not likely to worry about liquidity.
C. Tax deferral usually makes more sense for the young than for the old.
[单项选择]Which of the following statements about securities markets is least accurate()
A. Characteristics of a well-functioning securities market include: many buyers and sellers willing to trade at below market price, low bid-ask spreads, timely information on price and volume of past transactions, and accurate information on supply and demand.
B. When Conglomerate, InC. trades directly with MultiNational, Ltd. , it is using the fourth market.
C. A limit buy order and a stop buy order are both placed below the current market price.
[单项选择]Which of the following statements about systematic and unsystematic risk is FALSE( )
A. As an investor increases the number of stocks in a portfolio, the systematic risk will remain constant.
B. Total risk equals market risk plus firm-specific risk.
C. The unsystematic risk for a specific firm is similar to the unsystematic risk for other firms in the same industry.
[单项选择]Which of the following statements about portfolio diversification is TRUE( )
A. The efficient frontier represents individual securities.
B. When a risk-averse investor is confronted with two investment opportunities having the same expected return, the investor will take the opportunity with the lower risk.
C. When a portfolio is efficient, it will lie above and to the left of the efficient frontier.