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Which of the following is NOT a reason bond market indexes are more difficult to create than stock market indexes（）

A. Bond deviations tend to be relatively constant.
B. There is a lack of continuous trade data available for bonds.
C. The universe of bonds is always changing due to new issues, retired bonds, sinking funds and calls.

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Which of the following statements best explains how automatic stabilizers work Even without a change in fiscal policy, automatic stabilizers tend to promote:（）

A. a budget surplus during a recession and a budget deficit during an inflationary expansion.
B. a budget deficit during a recession but do not promote a budget surplus during an inflationary expansion.
C. a budget deficit during a recession and a budget surplus during an inflationary expansion.

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The price to cash flow (P/CF) model has grown in popularity for all of the following reasons EXCEPT:（）

A. CFs are more easily estimated than future dividends.
B. CFs are generally more difficult to manipulate than earnings.
CFs may be used for firms that have negative earnings per share or do not pay dividends.

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KNA company wants to maintain a level of current assets at least equal to 30 percent greater than current liabilities (current assets/current liabilities=current ratio=1.3). At the end of last year, current assets were $ 300 and current liabilities were $ 250. If KNA sold some fixed assets to generate cash, what is the minimum amount they would need to sell to reach a current ratio of 1.3（）

A. $ 25000.
B. $ 30000.
C. $ 15000.

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Which of the following is NOT a reason bond market indexes are more difficult to create than stock market indexes（）

A. Bond deviations tend to be relatively constant. B. There is a lack of continuous trade data available for bonds. C. The universe of bonds is always changing due to new issues, retired bonds, sinking funds and calls.

Which of the following statements best explains how automatic stabilizers work Even without a change in fiscal policy, automatic stabilizers tend to promote:（）

The price to cash flow (P/CF) model has grown in popularity for all of the following reasons EXCEPT:（）

A. Bond deviations tend to be relatively constant.
B. There is a lack of continuous trade data available for bonds.
C. The universe of bonds is always changing due to new issues, retired bonds, sinking funds and calls.