标题: Reading 56: Security Market Indices-LOS i 习题精选 [打印本页]
作者: 1215 时间: 2011-3-29 16:27 标题: [2011]Session 13-Reading 56: Security Market Indices-LOS i 习题精选
Session 13: Market Organization, Market Indices, and Market Efficiency
Reading 56: Security Market Indices
LOS i: Discuss types of fixed-income indices.
Which of the following regarding bond market indexes is least accurate?
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A) |
Unlike stocks, bonds lack continuous price trading data. | |
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B) |
There are more bond issues than stocks. | |
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C) |
The bond universe is more stable than the stock universe. | |
One reason why the creation of a bond index is more difficult than a stock index is due to the fact that the universe of bonds is constantly changing because of numerous new issues, bond maturities, calls, and bond sinking funds.
作者: 1215 时间: 2011-3-29 16:27
Which of the following is NOT a reason bond market indexes are more difficult to create than stock market indexes?
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A) |
The universe of bonds is much broader than that of stocks. | |
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B) |
There is a lack of continuous trade data available for bonds. | |
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C) |
Bond deviations tend to be relatively constant. | |
Bond prices are quite volatile as measured by the bond’s duration.
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