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Q22. Regarding their statements about calculating a required rate of return for Flyaweight:
A) only Muller is correct.
B) only Sharpless is correct.
C) both are correct.
Q23. With respect to their statements about the use of the GGM and the H-model:
A) both are correct.
B) only Moskowitz is correct.
C) only Sharpless is correct.
Q24. Which of the following is least likely to be a characteristic of a company in the initial growth phase?
A) Return on equity equal to the required rate of return.
B) Low dividend payout ratio.
C) High profit margin.
Q25. With respect to their statements about the use of DDMs:
A) only Moskowitz is correct.
B) only Sharpless is correct.
C) both are correct.
Q26. Based on the forecast data in Table 3, Flyaweight’s sustainable growth rate (SGR) is closest to which value? If asset turnover were to rise from the forecast level, what would be the impact on SGR?
SGR Impact on SGR
A) 22% Increase
B) 24% Increase
C) 22% Decline
Q27. If an asset was fairly priced from an investor’s point of view, the holding period return (HPR) would be:
A) equal to the alpha returns.
B) lower than the required return.
C) the same as the required return.
Q28. If an investor were attempting to capture an asset’s alpha returns, the expected holding period return (HPR) would be:
A) lower than the required return.
B) higher than the required return.
C) the same as the required return.
[此贴子已经被作者于2009-3-6 15:36:19编辑过] | 
发表于 2009-3-6 15:35
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