第26题
An analyst develops the following probability distribution of returns for a stock based on three potential states of the market:The expected return and standard deviation for the stock are closest to
1、9.75% and 5.66%, respectively.
2、9.75% and 7.52%, respectively.
3、8.00% and 7.00%, respectively.
4、9.00% and 7.52%, respectively.
第27题
Under rational market conditions, which of the following investments would most likely have the most conservative rate of return?
1、US government bonds
2、Conservative growth stocks
3、US Treasury bills
4、Corporate bonds
第28题
What is the required rate of return for a stock with a beta of 1.3, when the risk-free rate is 5% and the market rate of return is 11%?
1、14.30%
2、11.00%
3、19.30%
4、12.80%
第29题
A firm wants to hedge the risk that market value of a corporate bond may fall. Which of the following actions should the firm take?
1、Buy a call option on a Treasury bond.
2、Buy a forward contract on a Treasury bond
3、Sell a forward contract on a Treasury bond.
4、Sell a put option on a Treasury bond.
第30题
What is a primary difference between stock splits and cash dividends?
1、Stock splits are usually paid quarterly; cash dividends are awarded annually.
2、Stock splits do not result in any taxable gain or loss; cash dividends are taxable.
3、Cash dividends are usually paid quarterly; stock splits are awarded annually.
4、Cash dividends do not result in any taxable gain or loss; stock splits are taxable.
高顿网校特别提醒：已经报名2014年CMA考试的考生可按照复习计划有效进行！另外，高顿网校2014年CMA考试辅导高清课程已经开通，通过针对性地讲解、训练、答疑，对学习过程进行全程跟踪、分析、指导，可以帮助考生全面提升备考效果。
报考指南： 2014年CMA考试报考指南
考前冲刺：CMA考试试题 考试辅导
高顿网校特别提醒：已经报名2014年CMA考试的考生可按照复习计划有效进行！另外，高顿网校2014年CMA考试辅导高清课程已经开通，通过针对性地讲解、训练、答疑，对学习过程进行全程跟踪、分析、指导，可以帮助考生全面提升备考效果。
报考指南： 2014年CMA考试报考指南
考前冲刺：CMA考试试题 考试辅导
