博迪的投资学第二章练习题(英)

21.Whichofthefollowingisnotamoneymarketinstrument?A.TreasurybillB.CommercialpaperC.PreferredstockD.Banker'sacceptance2.ThirteenweekT-billauctionsareconducted____.A.dailyB.weeklyC.monthlyD.quarterly3.Whencomputingthebankdiscountyieldyouwoulduse____daysintheyear.A.260B.360C.365D.3664.AdollardenominateddepositataLondonbankiscalled_____.A.eurodollarsB.LIBORC.fedfundsD.banker'sacceptance5.Moneymarketsecuritiesaresometimesreferredtoascashequivalentbecause_____.A.theyaresafeandmarketableB.theyarenotliquidC.theyarehighriskD.theyarelowdenomination6.ThemostactivelytradedmoneymarketsecurityisA.TreasurybillsB.Bankers'AcceptancesC.CertificatesofDepositD.Commonstock7.______votingofcommonstockgivesminorityshareholdersthemostrepresentationontheboardofdirectors.A.MajorityB.CumulativeC.RightsD.Proxy8.AninvestorinaT-billearnsinterestby_________.A.receivinginterestpaymentsevery90daysB.receivingdividendpaymentsevery30daysC.convertingtheT-billatmaturityintoahighervaluedT-noteD.buyingthebillatadiscountfromthefacevaluereceivedatmaturity9.______wouldnotbeincludedintheEAFEindex.A.AustraliaB.CanadaC.FranceD.Japan10._____isconsideredtobeanemergingmarketcountry.A.FranceB.NorwayC.BrazilD.Canada11.Whichoneofthefollowingisatruestatement?A.Dividendsonpreferredstocksaretax-deductibletoindividualinvestorsbutnottocorporateinvestorsB.CommondividendscannotbepaidifpreferreddividendsareinarrearsoncumulativepreferredstockC.PreferredstockholdershavevotingpowerD.Investorscansuemanagersfornonpaymentofpreferreddividends12.Thebidpriceofatreasurybillis_________.A.thepriceatwhichthedealerintreasurybillsiswillingtosellthebillB.thepriceatwhichthedealerintreasurybillsiswillingtobuythebillC.greaterthantheaskpriceofthetreasurybillexpressedindollartermsD.thepriceatwhichtheinvestorcanbuythetreasurybill13.TheGermanstockmarketismeasuredbywhichmarketindex?A.FTSEB.DowJones30C.DAXD.Nikkei14.DepositsofcommercialbanksattheFederalReservearecalled_____.A.bankersacceptancesB.federalfundsC.repurchaseagreementsD.timedeposits15.Whichofthefollowingisnotatruestatementregardingmunicipalbonds?A.Amunicipalbondisadebtobligationissuedbystateorlocalgovernments.B.AmunicipalbondisadebtobligationissuedbytheFederalGovernment.C.Theinterestincomefromamunicipalbondisexemptfromfederalincometaxation.D.Theinterestincomefromamunicipalbondisexemptfromstateandlocaltaxationintheissuingstate.16.Whichofthefollowingisnotacharacteristicofamoneymarketinstrument?A.LiquidityB.MarketabilityC.LowriskD.Maturitygreaterthanoneyear17.AnindividualwhogoesshortinafuturespositionA.commitstodeliveringtheunderlyingcommodityatcontractmaturityB.commitstopurchasingtheunderlyingcommodityatcontractmaturityC.hastherighttodelivertheunderlyingcommodityatcontractmaturityD.hastherighttopurchasetheunderlyingcommodityatcontractmaturity18.Whichofthefollowingisnotanicknameforanagencyassociatedwiththemortgagemarkets?A.FannieMaeB.FreddieMacC.SallieMaeD.GinnieMae19.Commercialpaperisashort-termsecurityissuedby__________toraisefunds.A.theFederalReserveB.commercialbanksC.largewell-knowncompaniesD.theNewYorkStockExchange20.ThemaximummaturityoncommercialpaperisA.270daysB.180daysC.90daysD.30days21.WhichoneofthefollowingisatruestatementregardingtheDowJonesIndustrialAverage?A.Itisavalue-weightedaverageof30largeindustrialstocksB.Itisaprice-weightedaverageof30largeindustrialstocksC.Itisaprice-weightedaverageof100largestockstradedontheNewYorkStockExchangeD.Itisavalue-weightedaverageofallstockstradedontheNewYorkStockExchange22.Treasurybillsarefinancialinstrumentsissuedby__________toraisefunds.A.commercialbanksB.theFederalGovernmentC.largecorporationsD.stateandcitygovernments23.WhichofthefollowingaretruestatementsaboutT-bills?I.T-billstypicallysellindenominationsof$10,000II.IncomeearnedonT-billsisexemptfromallFederaltaxesIII.IncomeearnedonT-billsisexemptfromstateandlocaltaxesA.IonlyB.IandIIonlyC.IandIIIonlyD.I,IIandIII24.Abondthathasnocollateraliscalled_________.A.acallablebondB.adebentureC.ajunkbondD.amortgage25.A__________givesitsholdertherighttosellanassetforaspecifiedexercisepriceonorbeforeaspecifiedexpirationdate.A.calloptionB.futurescontractC.putoptionD.interestrateswap26.AT-billquotesheethas90dayT-billquoteswitha4.92bidanda4.86ask.Ifthebillhasa$10,000facevalueaninvestorcouldbuythisbillforA.$10,000.00B.$9,878.50C.$9,877.00D.$9,880.1627.Whichoneofthefollowingisatruestatementregardingcorporatebonds?A.Acorporatecallablebondgivesitsholdertherighttoexchangeitforaspecifiednumberofthecompany'scommonsharesB.AcorporatedebentureisasecuredbondC.Acorporateconvertiblebondgivesitsholdertherighttoexchangeitforaspecifiednumberofthecompany'scommonsharesD.Holdersofcorporatebondshavevotingrightsinthecompany28.Theyieldontax-exemptbondsis______.A.usuallylessthan50%oftheyieldontaxablebondsB.normallyabout90%oftheyieldontaxablebondsC.greaterthantheyieldontaxablebondsD.lessthantheyieldontaxablebonds29.__________isnotamoneymarketinstrument.A.AcertificateofdepositB.AtreasurybillC.AtreasurybondD.Commercialpaper30.AninvestorbuysaT-billatabankdiscountquoteof4.80with1