更多"[单选题] The largest U.S. underwriter "的相关试题:
[单选题]The aftertax cost of debt:
A. varies inversely to changes in market interest rates.
B. will generally exceed the cost of equity if the relevant tax rate is zero.
C. will generally equal the cost of preferred if the tax rate is zero.
D. is unaffected by changes in the market rate of interest.
E. is highly dependent upon a company's tax rate.
Difficulty: 1 Easy
Topic: Cost of debt
Learning Objective: 14-02 Determine a firm's cost of debt.
[简答题] A stock is a debt security that promises to make periodic payments for a specific period of time.
[单选题]A company's pretax cost of debt:
A. is based on the current yield to maturity of the company's outstanding bonds.
B. is equal to the coupon rate on the latest bonds issued by the company.
C. is equivalent to the average current yield on all of a company's outstanding bonds.
D. is based on the original yield to maturity on the latest bonds issued by a company.
E. has to be estimated as it cannot be directly observed in the market.
Difficulty: 1 Easy
Topic: Cost of debt
Learning Objective: 14-02 Determine a firm's cost of debt.
[单选题] (I. Debt markets are often referred to generically as the bond market.
(II. A bond is a security that is a claim on the earnings and assets of a corporation.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
[单选题] At the end of 2012, the value of debt instruments in the U.S. was around ________ trillion, and the value of equities was around ________ trillion.
A. $38; $19
B. $20; $10
C. $19; $38
D. $10; $20
[单选题]The cost of equity for a company with a debt-equity ratio of .41:
A. tends to remain static even as the company's level of risk increases.
B. increases as the unsystematic risk of the company's stock increases.
C. is affected by either a change in the company's beta or its projected rate of growth.
D. equals the risk-free rate plus the market risk premium.
E. equals the company's pretax weighted average cost of capital.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题]Assume Russo's has a debt-equity ratio of .4 and uses the capital asset pricing model to determine its cost of equity. As a result, the company's cost of equity:
A. is affected by the firm's rate of growth projections.
B. implies that the firm pays out all of its earnings to its shareholders.
C. is dependent upon a reliable estimate of the market risk premium.
D. would be unaffected if the dividend discount model were applied instead.
E. will be unaffected by changes in overall market risks.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题] The largest purchasers of capital market securities are
A. households.
B. corporations.
C. governments.
D. central banks.
[单选题] The largest depository institution (value of assets. at the end of 2012 was
A. commercial banks.
B. pension funds.
C. credit unions.
D. mutual funds.
[单选题] Long-term debt and equity instruments are traded in the ________ market.
A. primary
B. secondary
C. capital
D. money
[单选题] The SEC restricts trading by the largest stockholders (known as ________. in corporations issuing securities.
A. insiders
B. members of the board
C. hedge funds
D. intermediaries
[单选题]Q: Which country has the largest rural population in the world?
A. The United States.
B. Brazil.
C. China.
D. India.
[单选题] From largest to smallest in terms of total assets, the four classes of mutual funds are
A. equity funds, bond funds, hybrid funds, money market funds.
B. equity funds, money market funds, bond funds, hybrid funds.
C. money market funds, equity funds, hybrid funds, bond funds.
D. bond funds, money market funds, equity funds, hybrid funds.
[单选题] The largest share of assets held by money market mutual funds is
A. Treasury bills.
B. certificates of deposit.
C. commercial paper.
D. repurchase agreements.
[单选题] (I. A bond is a debt security that promises to make payments periodically for a specified period of time. (II. A stock is a security that is a claim on the earnings and assets of a corporation.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
[单选题] (I. The largest of the organized stock exchanges in the United States is the New York Stock Exchange.
(II. To be listed on the NYSE, a firm must have a minimum of $100 million in market value or $10 million in revenues.
A. (I. is true, (II. false.
B. (I. is false, (II. true.
C. Both are true.
D. Both are false.
[单选题] In recent years, the largest amount of U.S. direct investment abroad has occurred in:
A. Central America
B. South America
C. Europe
D. Japan
[单选题] The largest financial intermediaries are
A. insurance companies.
B. finance companies.
C. banks.
D. all of the above.
[简答题]global air-and-ground network
