投资学 第二章 答案.docVIP

1. 28.Assume that you invest $5000 for 30 years in an account that pays an interest rate of 8.5% per year with annual compounding. The amount of interest-on-interest earned is?(1.0分) A.a)67,750 B.b)52,791 C.c)57,791 D.d)40,041 E.e)60,000 2. 29.Consider a stock that has an expected return of 10% and standard deviation of 14%. Assuming that future returns will resemble past returns, an investor can expect 95% of actual future returns to lie between(1.0分) A.a) -10% and 24% B.b) 10% and 14% C.c) -32% and 52% D.d) -4% and 24% E.e) -18% and 38% 3.Assume that you invest $5000 for 30 years in an account that pays an interest rate of 8.5% per year with annual compounding. The amount of simple interest earned is? A.a) $67,750 B.b) $12,750 C.c) $57,791 D.d) $40,041 E.e) $60,000 4. 18.If U.S. firms increase their debt/total capital ratios, it will very likely cause required returns to(1.0分) A. a)Increase and change the slope of the capital market line (CML). B. b)Increase and cause a movement up along the capital market line (CML). C. c）Remain unchanged and cause a parallel shift of the capital market line (CML). D. d) Decrease and change the slope of the capital market line (CML). E. e)Decrease and cause a movement down along the capital market line (CML). 5. 17.The following would be an example of systematic risk:(1.0分) A.a) Changes in interest rates. B.b) Management decisions. C.c) Stability of sales. D.d) The amount of debt financing. E.e) Liquidity. 6. 16.The nominal risk free rate is influenced by the following factors:(1.0分) A.a) Inflationary expectations and capital market conditions. B.b) Business risk and financial risk. C.c) Investment opportunities and time preference for consumption. D.d) All of the above. E.e) None of the above. 7. 15.If a significant change is noted in the yield of a T-bill, the change is most likely attributable to:(1.0分) A.a) A downturn in the economy. B.b) A static economy. C.c) A change in the expected rate of inflat