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LOS d: Explain the use of survey and panel methods and judgment in setting capital market expectations.
Q1. Which of the following regarding the setting of capital market expectations is least accurate?
A) Judgment can be applied to project capital market expectations.
B) Quantitative models should not be adjusted for an analyst’s subjective opinions.
C) Capital market expectations can also be formed using surveys.
Q2. Which of the following regarding the setting of capital market expectations is least accurate?
A) Surveys of practitioners have found them to be consistently more pessimistic than that of academics.
B) Analysts should adjust the forecasts from quantitative models using judgment, when appropriate.
C) When a fairly constant set of experts is polled, this method is referred to as panel method.
Q3. Which of the following describes a method of setting capital market expectations where a consistent set of experts is asked for their opinion regarding the future?
A) An algorithmic method.
B) A panel method.
C) A market-adjusted algorithmic method.
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发表于 2009-3-5 13:00
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