Sarah Kelley, CFA, is analyzing two mutually exclusive investment projects. Kelley has calculated the net present value (NPV) and internal rate of return (IRR) for each project: Project 1: NPV=$230; IRR=15% Project 2: NPV=$4000; IRR=6% Kelley should make which of the following recommendations concerning the two projects: Project 1 Project 2()①A. Accept Reject ②B. Accept Accept ③C. Reject Accept
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Which of the following statements regarding skewness is FALSE()
A positively skewed distribution is characterized by many small losses and a few extreme gains.
B. A distribution that is not symmetrical has skew not equal to zero.
C. In a skewed distribution, 95% of all values will lie within plus or minus two standard deviations of the mean.
Which one of the following statements best describes the components of the required interest rate on a security()
A. The real risk - free rate, the expected inflation rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security.
B. The real risk -free rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security.
C. The real risk - free rate, the expected inflation rate and a liquidity premium.
金融市场为市场参与者提供了防范资产风险和收入风险的手段,是金融市场的( )。
A. 资源配置职能
B. 财富功能
C. 交易功能
D. 风险分散功能
The First State Bank is willing to lend $100000 for 4 years at a 12 percent rate of interest, with the loan to be repaid in equal semi - annual payments. Given the payments are to be made at the end of each 6 - month period, how much will each loan payment be()
A. $ 32925.
B. $16104.
C. $ 25450.