116、The final step in the portfolio management process is most likely to include: Select exactly 1 answer(s) from the following:
A. investment research. B. portfolio construction. C. evaluation of portfolio performance. D. evaluation of investor's investment knowledge.
117、The second step of the portfolio management process is least likely to include examining: Select exactly 1 answer(s) from the following:
A. historical trends. B. current social conditions. C. projected financial forecasts. D. current and projected political conditions.
118、Over time, the major source of investment return and risk is most likely attributed to: Select exactly 1 answer(s) from the following:
A. market timing. B. stockSelection. C. asset allocation. D. risk management.
119、When compared to investors living in a country with high inflation, investors living in a country with generous state pensions will most likely have allocations to equities and fixed income investments, respectively, that are: | Equities | Fixed Income | A. | Lower | Lower | B. | Lower | Higher | C. | Higher | Lower | D. | Higher | Higher |
Select exactly 1 answer(s) from the following:
A. AnswerA. B. AnswerB. C. AnswerC. D. AnswerD. 120、An analyst gathered the following information about a portfolio comprised of two assets: Asset | Weight% | Expected Return E(R) | Expected Standard Deviation E(σ) | X | 60 | 11% | 5% | Y | 40 | 7% | 4% |
If the covariance of returns for the two assets equals 0.75, then the expected return and expected standard deviation of the portfolio are closest to: | Expected Return | Expected Standard Deviation | A. | 8.6% | 4.3% | B. | 8.6% | 18.7% | C. | 9.4% | 4.3% | D. | 9.4% | 18.7% |
Select exactly 1 answer(s) from the following:
A. AnswerA. B. AnswerB. C. AnswerC. D. AnswerD.
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发表于 2008-11-6 15:09
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