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LOS c: Summarize the influence of investors' short- and long-term liquidity needs on portfolio management decisions.
Q1. Investors that desire to sacrifice liquidity in exchange for increased returns are least likely interested in which of the following types of bonds:
A) Treasury issues.
B) private placements.
C) smaller-sized issues.
Q2. Investors that are willing to give up additional return in exchange for increased liquidity are least likely interested in which of the following types of bonds:
A) private placements.
B) large-sized issues.
C) Treasury issues.
Q3. The ability to buy or sell quickly at a fair price is best described by which of the following terms?
A) Liquidity.
B) Efficiency.
C) Marketability. | 
发表于 2009-3-6 09:23
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