Question 21 Consider the following graph of a distribution for the prices for various bottles of California-produced wine
Which of the following statements about this distribution is least accurate? A) The distribution is positively skewed. B) Point A represents the mode. C) Approximately 68% of observations fall within one standard deviation of the mean. D) The graph could be of the sample $16, $12, $15, $12, $17, $30 (ignore graph scale).
Question 22 The probability of a boom economy is 40%. The probability of Yacht Co. having a 50% return given a boom economy is 80%. The joint probability of a boom economy and a 50% return for Yacht Co. is closest to: A) 20%. B) 32%. C) 40%. D) 50%.
Question 23 Mikal Cosce uses technical analysis to determine his trading behavior. Cosce would be least likely to agree with which of the following statements? A) He supports the weak form of the efficient market hypothesis. B) Stock prices move in trends, and these trends persist. C) Technical analysis tells him when to buy. D) He does not have to rely on accounting information.
Question 24 Jane Peebles purchased a T-bill that matures in 200 days for $97,500. The face value of the bill is $100,000. The money market yield on the bill is closest to: A) 4.6%. B) 4.4%. C) 4.8%. D) 5.0%.
Question 25 Which of the following statements about capital-investment decisions is least accurate? A) Not all projects with a positive net present value (NPV) represent good investments. B) The NPV is generally considered to be a superior measure of value relative to the IRR. C) A project is generally considered to be acceptable if the IRR is greater than the company’s cost of capital. D) The internal rate of return (IRR) assumes that cash flows are reinvested at the company’s cost of capital.
[此贴子已经被作者于2008-11-7 18:08:35编辑过] | 
发表于 2008-5-10 12:12
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