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发布时间:2023-12-06 00:55:19

[单选题]You own a stock that you think will produce a return of 11 percent in a good economy and 3 percent in a poor economy. Given the probabilities of each state of the economy occurring, you anticipate that your stock will earn 6.5 percent next year. Which one of the following terms applies to this 6.5 percent?
A. Arithmetic return
B. Historical return
C. Expected return
D. Geometric return
E. Required return
Difficulty: 1 Easy
Topic: Expected return
Learning Objective: 13-01 Show how to calculate expected returns, variance, and standard deviation.

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[单选题]You own a bond that pays an annual coupon of 6 percent that matures five years from now. You purchased this 10-year bond at par value when it was originally issued. Which one of the following statements applies to this bond if the relevant market interest rate is now 5.8 percent?
A. The current yield to maturity is greater than 6 percent.
B. The current yield is 6 percent.
C. The next interest payment will be $30.
D. The bond is currently valued at one-half of its issue price.
E. You will realize a capital gain on the bond if you sell it today.
Difficulty: 1 Easy
Topic: Interest rate risk
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题]Which of the two cows(____)you keep produce more milk?
A.whom
B. what
C. that
D. when
[单选题]____ do you think is the headmaster of this school?
A.What
B.Which
C.Who
D.Whom
[单选题]I hope you don’t think I was being hard on myself.
A. 我希望你不会认为我对自己狠。
B. 我希望你不会想我对自己太严厉。
C. 我希望你不会认为我对自己要求苛刻。
[单选题]Do you think the lake ( ) the sea?你认为湖和海类似嘛?
A. is similar to 和…类似
B. is familiar to对…熟悉
C. highs and lows
D. make an effort
[单选题] Do you think your language is ________ to learn than English?
A. easier
B. easiest
C. more easier
D. more easy
[单选题]( )_______ you please clean your own room ?--Sure. No problem.
A.Did
B. Can
C. Should
D.Would
[单选题]( )How long have you _________ your own bike?--For about a year.
A.kept
B. borrowed
C. owned
D. bought
[单选题]Tibet has its own colors and its own unique traditions that are still upheld after thousands of years.
A. 西藏有自己的色彩,有自身数千年来仍旧秉持的独特传统。
B. 西藏有自己的色彩和独特的传统,数千年以后,这些将不存在。
C. 西藏有自己的颜色和独特的传统,这些在一千年后还会延续。
[单选题] When those most likely to produce the outcome insured against are the ones who purchase insurance, insurance companies are said to face the problem of ________.
A. fraudulent claims
B. moral hazard
C. adverse selection
D. pecuniary purchases
[单选题]Which one of the following will produce the lowest present value interest factor?
A. 6 percent interest for 5 years
B. 6 percent interest for 8 years
C. 6 percent interest for 10 years
D. 8 percent interest for 5 years
E. 8 percent interest for 10 years
Difficulty: 1 Easy
Topic: Present value
[单选题] Changes in stock prices
A. affect people's wealth and their willingness to spend.
B. affect firms' decisions to sell stock to finance investment spending.
C. are characterized by considerable fluctuations.
D. all of the above.
E. only A and B of the above.
[单选题]They convince you that you and what you are doing actually matter.
A. 他们能说服你去做一件重要的事情。
B. 他们能使你相信你正在做一件重要的事情。
C. 他们使你信服,你以及你所做的工作确实重要。
D. 他们使你信服,你所做的工作确实重要
[单选题] Governments never issue stock because
A. they cannot sell ownership claims.
B. the Constitution expressly forbids it.
C. both A and B of the above.
D. neither A nor B of the above.
[单选题] The stock market is important because
A. it is where interest rates are determined.
B. it is the most widely followed financial market in the United States.
C. it is where foreign exchange rates are determined.
D. all of the above.
[单选题]The cost of preferred stock:
A. is equal to the dividend yield.
B. is equal to the yield to maturity.
C. is highly dependent on the dividend growth rate.
D. is independent of the stock's price.
E. decreases when tax rates increase.
Difficulty: 1 Easy
Topic: Cost of preferred stock
Learning Objective: 14-02 Determine a firm's cost of debt.
[单选题] A person with global perspective will think B .
A.locally
B.globally
C.nationally

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