Which of the following types of funds tends to keep 25% of its assets in the securities
of U.S. companies?.
emerging markets fundssingle-country fundsinternational fundsglobal funds
A belief in the size-effect anomaly should encourage investors to buy large-firm stocks.
An aggressive equity mutual fund began the year with a net asset value (NAV) of $6.50
per share. During the year it received $0.15 dividend income, $1.25 in realized capital
losses, and $0.50 in unrealized capital gains. Ninety percent of the income was
distributed to shareholders. Calculate the year-end NAV.
Direct stock purchase programs (DSPs) are an outgrowth of :
a. electronic trading
b. dividend reinvestment plans
c. increased NASDAQ trading
d. decreased regulation
Does the expression ‘you get what you pay for’ apply to full-service brokers and
discount brokers?
If an investor is attempting to buy a stock that is very volatile, it would be best to use a:
a. market order
b. limit order
c. stop-loss order
d. contingency order
Conclusions about technical analysis suggest that:
a. it is Difficult to justify technical analysis.
b. it has been found to be completely deficient.
c. stock price movements repeat themselves constantly.
d. there is complete agreement about the interpretation of technical signals.
What is the major difference between the Sharpe and Treynor models?
Immunization is intended to protect a portfolio against interest rate risk. What should be
done? How does it work?