Q1. Which one of the following statements best describes the components of the required interest rate on a security? A) The nominal risk-free rate, the expected inflation rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security. B) The real risk-free rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security. C) The real risk-free rate, the expected inflation rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security.
Q2. T-bill yields can be thought of as: A) nominal risk-free rates because they do not contain an inflation premium. B) real risk-free rates because they contain an inflation premium. C) nominal risk-free rates because they contain an inflation premium.
Q3. The real risk-free rate can be thought of as: A) exactly the nominal risk-free rate reduced by the expected inflation rate. B) approximately the nominal risk-free rate reduced by the expected inflation rate. C) approximately the nominal risk-free rate plus the expected inflation rate.
[此贴子已经被作者于2008-12-29 17:00:14编辑过] | 
发表于 2008-12-29 16:25
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