Reading 23: Capital Market Expectations- LOS f～ Q1-2 business, capital, periods, returns

youzizhang

 

LOS f: Discuss the impact that the phases of the business cycle have on short-term/long-term capital market returns.

Q1. Which asset would perform the worst during deflationary periods?

A)   Real estate financed with debt.

B)   Real estate wholly owned.

C)   Corporate bonds.

 

Q2. Which phase of the business cycle is characterized by rising stock prices but increased investor nervousness?

A)   Initial recovery.

B)   Slowdown.

C)   Late expansion.

 

 

rawrdinosaur

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deqiang

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思霖

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