题目内容

Bond market indexes are generally more difficult to create than stock indexes for all of the following reasons except:

A. the small number of bond issues relative to stocks.
B. the routine maturity and call provisions of bonds.
C. the difficulty in establishing market prices for many bonds.

查看答案
更多问题

Which of the following statements describes the overall conclusions regarding the weak-form of the efficient market hypothesis (EMH)

All evidence indicates that simple trading rules generate positive abnormal returns.
B. Stock exchange specialists using monopolistic information contained in the limit order book derive above average returns.
C. Most evidence indicates that after incorporating trading costs, simple trading rules do not generate positive abnormal profits.

Assume you purchased 1500 shares of a stock on margin at $34 per share. The initial margin rate is 40%, and the minimum maintenance margin is 25%. Assume no dividends, commissions, or margin interest. Below what stock price would you receive a margin call

A. $18.13.
B. $27.20.
C. $30.31.

Randy Smith called his broker, Pare Durbin, and asked her to borrow 100 shares of Zylex Corp. stock. Randy then sold the stock at the current market price of $45 while anticipating that Durbin would be able to buy the stock back for him at a lower price in the future. What type of order did Smith place

A. Short sale.
B. Market order.
C. Margin order.

Which of the following statements about the maintenance margin requirement is FALSE

A. The purpose of the maintenance margin requirement is to protect the broker in the event of a large stock decline.
B. The Federal Reserve sets the maximum maintenance margin.
C. Generally the maintenance margin requirement is lower than the initial margin requirement.

答案查题题库