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标题: 2008 CFA Level 1 - Sample 样题(3)-Q49 [打印本页]

作者: 3975    时间: 2008-11-5 17:35     标题: 2008 CFA Level 1 - Sample 样题(3)-Q49

49A price-weighted series is composed of the following three stocks:

Stock     Number of Shares Outstanding  Price

A    1,000,000     $10

B     5,000,000     $20

C    6,000,000     $60

If stock C completes a two-for-one stock split, the value of the index after the split will be closest to:

A. 20.

B. 30.

C. 97.

D. 157.

     


作者: 3975    时间: 2008-11-5 17:36


答案和详解如下:

49Correct answer is B

"Security-Market Indexes," Frank K. Reilly and Keith C. Brown

2008 Modular Level I, Vol. 5, pp. 42-44

Study Session 13-53-a

compare and contrast the characteristics of, and discuss the source and direction of bias exhibited by, each of the three predominant weighting schemes used in constructing stock market indexes, and compute a price-weighted, value-weighted, and unweighted index series for three stocks

The value is the same both before and after the split. The divisor is adjusted to make the value constant. Before the split: 10 + 20 + 60 = 90 / 3 = 30. After the split: 10 + 20 + 30 = 60 / X = 30. New divisor = 2.


作者: slkly    时间: 2008-11-19 14:54

[em01]
作者: malachite    时间: 2008-11-20 17:25     标题: 回复:(3975)2008 CFA Level 1 - Sample 样题(3)-...

Cool cool
作者: wocaohorse    时间: 2008-11-21 01:56

re
作者: tancynthia    时间: 2008-11-27 17:22

thx
作者: miyaH    时间: 2008-12-4 10:42

b
作者: jzhang21    时间: 2008-12-5 00:51

xie xie
作者: wyizhang    时间: 2008-12-5 12:23

3x
作者: kankanbaba    时间: 2009-2-2 05:13

[em01]
作者: zhujjing    时间: 2009-2-2 23:28

a
作者: ZhenWANG    时间: 2009-2-3 06:27

谢谢
作者: jasperdong    时间: 2009-2-11 15:09

Indeed


作者: johnheman    时间: 2009-2-22 23:53

ok
作者: eca01yj    时间: 2009-5-4 21:05

c
作者: percy    时间: 2009-5-5 11:27

3

作者: Eglinton    时间: 2010-2-7 09:39

 tx
作者: 无伐乖    时间: 2010-2-9 15:58

3
作者: xuzhouzhen    时间: 2010-2-9 16:01

thx
作者: martin_dhs    时间: 2010-2-9 21:09

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作者: galenc    时间: 2010-2-12 13:24

 b
作者: 舍我其谁    时间: 2010-2-14 02:37

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作者: xqx0124    时间: 2010-2-15 16:06

选B


作者: ken_wangyang    时间: 2010-3-4 13:11

thanks
作者: vanished    时间: 2010-3-4 23:58

nice thanks for share


作者: xxjj564    时间: 2011-2-23 14:25

 a




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