Bonds have which of the following characteristics:
A. Bond price is higher, yield is higher
B. Price of short-term bond is more sensitive to interest changes
C. Interest rate risk is less for bonds with shorter maturity
D. Interest rate risk positively related to coupon rate
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Risk of securities refers to which of the following:
A. Difference between abnormal return and excess return
B. Uncertain future
C. Excess return
D. The standard deviation of the rate of return
If you short sell shares of Apple co. at $100 per share, which of the following you will select to use as a hedge against the market going up?
A put option of Apple co. at strike price of $90
B. A call option of Apple co. at strike price of $105
C. A warrant to sell Apple co. share at $95
D. 1-month treasury bill at 5% yield
重修考试通过者获得课程相应的学分,绩点按成绩对应的绩点乘以______