题目内容

An analyst gathered the following information about a company:·Cash flow from operations $800·Purchase of plant and equipment 40·Sale of land 30·Interes

A. $840.
B. $870.
C. $940.

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A major bank has entered into a 4-year, annual-pay, 6% plain-vanilla interest rate swap with a notional principal value of $10,000,000 as the fixed-rate payer. The following spot and forward rates are

A. $100,000 inflow.
B. $0.
C. $100,000 outflow.

An individual sees her income rise from $80,000 to $88,000, and along with it, her consumption of Good X has decreased from eight dozen packages per year to six dozen packages per year. Good X should

A. Normal good.
B. Veblen good.
C. Inferior good.

Ira stocks beta is equal to 1.2, its standard deviation of returns is 28%, and the standard deviation of the returns on the market portfolio is 14%, the covariance of the stocks returns with the retur

A. 0.168.
B. 0.024.
C. 0.600.

For a binomial random variable with a 40% probability of success on each trial, the expected number of successes in 12 trials is closest to:

A. 4.8.
B. 5.6.
C. 7.2.

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