更多"[单选题]Which one of the following sta"的相关试题:
[单选题]Which one of the following statements is correct concerning a portfolio of 20 securities with multiple states of the economy when both the securities and the economic states have unequal weights?
A. Given the unequal weights of both the securities and the economic states, the standard deviation of the portfolio must equal that of the overall market.
B. The weights of the individual securities have no effect on the expected return of a portfolio when multiple states of the economy are involved.
C. Changing the probabilities of occurrence for the various economic states will not affect the expected standard deviation of the portfolio.
D. The standard deviation of the portfolio will be greater than the highest standard deviation of any single security in the portfolio given that the individual securities are well diversified.
E. Given both the unequal weights of the securities and the economic states, an investor might be able to create a portfolio that has an expected standard deviation of zero.
Difficulty: 1 Easy
Topic: Standard deviation and variance
Learning Objective: 13-02 Discuss the impact of diversification.
[单选题]Which one of the following statements correctly applies to the period 1926–2016?
A. Large-company stocks earned a higher average risk premium than did small-company stocks.
B. The average inflation rate exceeded the average return on U.S. Treasury bills.
C. Large-company stocks had an average annual return of 14.7 percent.
D. Inflation averaged 2.6 percent for the period.
E. Long-term corporate bonds outperformed long-term government bonds.
Difficulty: 1 Easy
Topic: Historical performance
Learning Objective: 12-02 Discuss the historical returns on various important types of investments.
[单选题]Which one of the following statements related to unexpected returns is correct?
A. All announcements by a firm affect that firm's unexpected returns.
B. Unexpected returns over time have a negative effect on the total return of a firm.
C. Unexpected returns are relatively predictable in the short-term.
D. Unexpected returns generally cause the actual return to vary significantly from the expected return over the long-term.
E. Unexpected returns can be either positive or negative in the short term but tend to be zero over the long-term.
Difficulty: 1 Easy
Topic: Expected return
Learning Objective: 13-01 Show how to calculate expected returns, variance, and standard deviation.
[单选题]Which one of the following statements concerning scenario analysis is correct?
A. The pessimistic case scenario determines the maximum loss, in current dollars, that a firm could possibly incur from a given project.
B. Scenario analysis defines the entire range of results that could be realized from a proposed investment project.
C. Scenario analysis determines which variable has the greatest impact on a project's final outcome.
D. Scenario analysis helps managers analyze various outcomes that are possible given reasonable ranges for each of the assumptions.
E. Management is guaranteed a positive outcome for a project when the worst-case scenario produces a positive NPV.
Difficulty: 2 Medium
Topic: Scenario analysis
Learning Objective: 11-02 Perform and interpret a scenario analysis for a proposed investment.
[单选题]Which one of the following statements is a correct reflection of the U.S. financial markets for the period 1926–2016?
A. U.S. Treasury bill returns never exceeded a return of 9 percent in any one year.
B. U.S. Treasury bills had an annual return in excess of 10 percent in three or more years.
C. Inflation equaled or exceeded the return on U.S. Treasury bills every year during the period.
D. Long-term government bonds outperformed U.S. Treasury bills every year during the period.
E. National deflation occurred in at least one year during every decade during the period.
Difficulty: 1 Easy
Topic: Historical performance
Learning Objective: 12-02 Discuss the historical returns on various important types of investments.
[多选题]Which statements about the high seas are correct?
A. All states are to respect the freedom of the high seas.
B. No state may acquire sovereignty over parts of the high seas.
C. Land-locked states also enjoy the freedom of the high seas.
D. States enjoy the freedom to conduct naval exercises on the high seas.
[单选题]Which of the following shows that one is in deep love with his /her spouse? (C )
A.Sending flowers every day.
B. Expressing words such as “I love you" to each other.
C. Taking care of each other while in sickness.
D.Giving gifts or sweet kisses to each other every day.
[单选题] Which of the following statements regarding the funding of Social Security is false?
A. In 2010, workers contributed 6.2% of their wages up to a maximum of $106,800.
B. Employers contribute an amount equal to the workers' contributions.
C. Interest, dividend, rent, and royalty income are also taxed to provide supplemental funds for Social Security.
D. Contributions exceeding the amounts paid to current Social Security recipients are invested in Treasury bonds to build up a Social Security trust fund.
