Q6. Which of the following represents the best mitigation of Cegelski’s risk exposures? Corby and Neiberlein should recommend that: A) Cegelski enter into an exchange fund agreement. B) Cegelski enter into an equity swap. C) Cegelski construct a completion portfolio.
Q7. Which of the following best represents Cecil’s risk exposures? A) Cecil’s main exposures are to systematic risk. B) Cecil’s main exposures are to systematic risk, unsystematic risk, and liquidity risk. C) Cecil’s main exposures are to systematic risk and unsystematic risk.
Q8. Which of the following would be the least appropriate method of mitigating Cecil’s risk exposures? A) An outright sale of Irvington Beverage Distributors stock. B) Constructing a completion portfolio. C) Entering into an exchange fund agreement.
Q9. Regarding Corby’s statement concerning managed futures: A) Corby is correct. B) Corby is incorrect because the risk of managed futures is higher than that of equities. C) Corby is incorrect because the correlation of managed futures with equities is quite high.
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发表于 2009-1-20 09:36
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