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.
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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
Which real estate valuation approach is most likely to require specific information about an investor to estimate the value of a property?
A. Incomeapproach
B. Salescomparisonapproach
C. Discountedafter-taxcashflowapproach
Which of the following statements about the effects of interest rate volatility on value of bonds with embedded options is least accurate?
Asyieldvolatilityincreases,thevalueofaputablebondncreases.
B. Aputablebondsvalueisitsstraightbondvalueplusthevalueoftheembeddedputoption.
C. Acallablebondsvalueisitsstraightbondvalueplusthevalueoftheembeddedcalloption.
In securities exchange markets, a member who executes stop loss or stop buy orders when the specified price occurs is most likely a:
A. Floorbroker
B. Marketmaker
C. Registeredtrader