题目内容

Risk that can be attributed to factor(s) that impact a company or industry is best described as:

A. Market risk
B. Systematic risk
C. Unsystematic risk

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Compared to its market-value-weighted counterpart, a fundamentally weighted index will least likely have a:

A. Value tilt.
B. Contrarian “effect.”
C. Momentum “effect.”

Over a four-year period, a portfolio has returns of 10%, –2%, 18%, and –12%. The geometric mean return across the period is closest to:

A. 2.9%
B. 3.5%
C. 8.1%

Which of the following is least likely to be a general feature underlying the preparation of financial statements within the IFRS Conceptual Framework?

A. Matching
B. Materiality
C. Accrual basis

A financial contract offers to pay €1,200 per month for five years with the first payment made today. Assuming an annual discount rate of 6.5%, compounded monthly, the present value of the contract is

A. €61,330
B. €61,663
C. €63,731

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