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LOS o: Compare and contrast the sell disciplines of active investors.
Q1. Which of the following selling disciplines would be best for an investor who is concerned about the tax implications of a trade?
A) Up-from-cost.
B) Deteriorating Fundamentals.
C) Opportunity cost.
Q2. In which of the following selling disciplines would the investor sell the stock after it had reached its intrinsic value?
A) Target price.
B) Up-from-cost.
C) Valuation-level.
Q3. Which of the following provides the correct range of annual turnover in a value investor’s portfolio?
A) 20% to 80%.
B) 0% to 20%.
C) 80% to 150%. | 
发表于 2009-3-6 17:58
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