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2009 Level 1 Mock afternoon 106和 77题

大牛来给解答一下啊~

 

106的yield ratio不是应该higher yield/lower yield么?

 

106. A U.S. investor has purchased a tax-exempt 5-year municipal bond at a yield of
3.86 percent which is 100 basis points less than the yield on a 5-year option-free
U.S. Treasury. If the investor’s marginal tax rate is 32 percent, then the yield ratio
are closest to:
A. 0.79.
B. 1.26.
C. 5.68 .

 

还有77题怎么理解

77. Which of the following is least likely to concern an investor evaluating a
corporation’s shareowner rights provisions?
A. Shareowners may nominate board members.
B. Shares held by the founding family have supernormal voting rights.
C. To ensure accuracy, company executives tabulate and verify shareowner
voting.
 

[此贴子已经被作者于2009-6-5 20:52:13编辑过]

哦。。。我理解错了

那106题呢?

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notes上说是higher/lower啊

 

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恩。。。我刚才看书了,书上是以treasury bond为benchmark的

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