更多"[单选题] The net asset value of a mutu"的相关试题:
[简答题] The net asset value of a mutual fund is the average market price of the stocks, bonds, and other assets the fund owns.
[单选题] Mutual fund companies frequently offer a number of separate mutual funds called ________.
A. indexes
B. complexes
C. components
D. actuaries
[简答题] A mutual fund is not a depository institution.
[单选题] Over the past twenty years, mutual fund fees have ________, largely because ________.
A. fallen; SEC fee disclosure rules have led to greater competition
B. risen; investors have learned that funds with high fees provide better performance
C. risen; there has been collusion between large mutual fund companies
D. fallen; advances in information technology have lowered transaction costs
[单选题] The majority of mutual fund assets are now owned by
A. individual investors.
B. institutional investors.
C. fiduciaries.
D. business organizations.
E. retirees.
[单选题] A deferred-load mutual fund charges a commission
A. when shares are purchased.
B. when shares are sold.
C. both when shares are purchased and when they are sold.
D. when shares are redeemed.
[简答题] A mutual fund's board of directors picks the securities that will be held and makes buy and sell decisions.
[单选题]Net present value:
A. is the best method of analyzing mutually exclusive projects.
B. is less useful than the internal rate of return when comparing different-sized projects.
C. is the easiest method of evaluation for nonfinancial managers.
D. cannot be applied when comparing mutually exclusive projects.
E. is very similar in its methodology to the average accounting return.
Difficulty: 1 Easy
Topic: Net present value
Learning Objective: 09-01 Show the reasons why the net present value criterion is the best way to evaluate proposed investments.
[单选题]The net present value of a project will increase if:
A. the required rate of return increases.
B. the initial capital requirement increases.
C. some of the cash inflows are deferred until a later year.
D. the aftertax salvage value of the fixed assets increases.
E. the final cash inflow decreases.
Difficulty: 1 Easy
Topic: Net present value
Learning Objective: 09-01 Show the reasons why the net present value criterion is the best way to evaluate proposed investments.
[单选题]If a project has a net present value equal to zero, then:
A. the total of the cash inflows must equal the initial cost of the project.
B. the project earns a return exactly equal to the discount rate.
C. a decrease in the project's initial cost will cause the project to have a negative NPV.
D. any delay in receiving the projected cash inflows will cause the project to have a positive NPV.
E. the project's PI must also be equal to zero.
Difficulty: 1 Easy
Topic: Net present value
Learning Objective: 09-01 Show the reasons why the net present value criterion is the best way to evaluate proposed investments.
[单选题]A project has a net present value of zero. Which one of the following best describes this project?
A. The project has a zero percent rate of return.
B. The project requires no initial cash investment.
C. The project has no cash flows.
D. The summation of all of the project's cash flows is zero.
E. The project's cash inflows equal its cash outflows in current dollar terms.
Difficulty: 1 Easy
Topic: Net present value
Learning Objective: 09-01 Show the reasons why the net present value criterion is the best way to evaluate proposed investments.
[单选题] Mutual funds
A. pool the resources of many small investors by selling these investors shares and using the proceeds to buy securities.
B. allow small investors to obtain the benefits of lower transaction costs in purchasing securities.
C. provide small investors a diversified portfolio that reduces risk.
D. do all of the above.
E. do only A and B of the above.
[简答题] General obligation bonds have specific assets pledged as security or specific sources of revenue allocated for their repayment.
[单选题] Preferred stockholders hold a claim on assets that has priority over the claims of
A. both common stockholders and bondholders.
B. neither common stockholders nor bondholders.
C. common stockholders, but after that of bondholders.
D. bondholders, but after that of common stockholders.
[单选题] Conflicts arise in the mutual funds industry because ________ cannot effectively monitor ________.
A. investment advisers; directors
B. directors; shareholders
C. shareholders; investment advisers
D. investment advisers; stocks that will outperform the overall market
[简答题] Money market mutual funds originated when the brokerage firm Merrill Lynch offered its customers an account from which funds could be taken to purchase securities and into which funds could be deposited when securities were sold.
[简答题] Mutual funds are regulated under four federal laws designed to protect investors.
[单选题] Asset-backed commercial paper differs from conventional commercial paper in that
A. it is backed (secured. by some bundle of assets.
B. its maturity usually extends well beyond 1 year.
C. both A and B of the above.
D. neither A nor B of the above.
[单选题]The capital asset pricing model approach to equity valuation:
A. is dependent upon the unsystematic risk of a security.
B. assumes the reward-to-risk ratio increases as beta increases.
C. can only be applied to dividend-paying firms.
D. assumes a firm's future risks will be higher than its current risks.
E. assumes the reward-to-risk ratio is constant.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
