Subject: Business / Finance
Which analysis does not compare an organization’s financial performance with its industry and economy?
TechnicalTime seriesCross-sectionTop-downFundamentalWhich of the following is not a relevant factor in asset valuation?
Interest rateRequired rate of returnCash flowsTime periodOn-line tradingWhich of the following is a criticism of technical analysis in making investments?
Economic indicators are not always correctCompetition among existing firms in the same industry causes fluctuationsBond investment risks are too great to measureRandom numbers can show patternsCompany-related factors are dominantWhich of the following best describes the relationship between risk tolerance levels and macroeconomic variables?
Rate of returnInvestment analysis and return processInflationInterest rateDeflationWhich graphic relationship depicts the tradeoff between individual risk and return?
Secure Socket LineSecurity Market LineCapital Market LineNormal CurveBottom LineWhich of the following types of risks exists for all securities?
Management riskPurchasing-power riskLiquidity riskInterest rate riskPortfolio riskWhich of the following theories best measures portfolio performance?
Jensen’s AlphaGeometric MeanSigmaEconomic TheoryGagne’s Nine EventsWhich of the following is an effect of international portfolio diversification?
Risk enhancementRisk neutralityRisk reductionRisky businessRisk returnWhich of the following steps is not part of the portfolio management process?
Measure performanceAllocate assets and construct portfolioDevelop portfolio policies and strategiesIdentify investor’s objectives, preferences, and constraintsReduce taxes on the portfolioWhich of the following is not an alternatives investment vehicle?