An analyst does research about characteristics of various funds. All other factors being equal, a substantial difference between the market price of a fund and the net asset value of that fund is most
A. open-endfund
B. closed-endfund
C. Exchangetradedfund(ETF)
查看答案
On the minimum-variance frontier, which of the following portfolios has the lowest standard deviation:
A. Theoptimalriskyportfolio.
B. Theglobalminimum-varianceportfolio
C. Unattainableportfolios.
Assuming past investments are stable and earnings are calculated to allow for maintenance of past earnings power, the firms expected dividend growth rate can be estimated by its:
A. Pricetoearningsratio(P/E).
B. Defaultriskpremium.
C. Sustainablegrowthrate.
Which of the following transaction is the most appropriate strategy for a fixed income portfolio manager under the anticipation of an economic expansion?
A. Enterapay-fixed,receive-floatingrateswap.
B. Sellcorporatebondsandbuytreasurybonds.
C. Buycorporatebondsandselltreasurybonds.
An analyst gathered the following data for three profitable companies operating in the same industry:Company Deferred Tax Assets Deferred Tax Liabilities1 $300,000 $400,0002 $85,000 $50
A. Company 1
B. Company 2
Company 3