第七章 投资学 习题答案.docVIP

1. 10.The low correlations between the U.S. and the U.K., and the U.S. and Japan, confirm the benefit of global diversification.(1.0分) A.Ture B.False 2. 9.An index constructed using small-cap growth stocks would be referred to as a style index .(1.0分) A.Ture B.False 3. 8.The SP 500 stock index is an example of an equally-weighted index.(1.0分) A.Ture B.False 4. 7.A value-weighted index contains an automatic adjustment for stock splits.(1.0分) A.Ture B.False 5. 6.In a value-weighted index the highest priced stock carries the greatest weight.(1.0分) A.Ture B.False 6. 5.Security market indexes have been used to create index funds and exchange traded funds.(1.0分) A.Ture B.False 7. 4.The DJIA has been criticized because when a stock in the index splits there are more shares outstanding and the importance of the stock in the index increases.(1.0分) A.a)True B.b)False 8. 3.The Dow-Jones Industrial Average (DJIA) is a value- weighted average.(1.0分) A.a)Ture B.b)False 9. 2.A price-weighted indicator series is the geometric average of the current prices of the sampled securities.(1.0分) A.Ture B.False 10. 1.An aggregate market index can be used as a benchmark to judge the performance of professional money managers.(1.0分) A.Ture B.False 11. 25.USE THE FOLLOWING INFORMATION FOR THE NEXT 12 PROBLEMS 31-Dec-03 31-Dec-03 31-Dec-04 31-Dec-04 Stock Price Shares Price Shares W $ 75.00 10000 $ 50.00 30000 X $ 150.00 5000 $ 65.00 15000 Y $ 25.00 20000 $ 35.00 20000 Z $ 40.00 25000 $ 50.00 25000 Stocks W and X had 3 for 1 splits on December 31, 2003 at the end of trading Calculate the percentage return in the price weighted series for the period Dec 31, 2003 to Dec 31, 2004. (1.0分) A.a) 42.86% B.b) 20.00% C.c) 21.76% D.d) 33.33% E.e) 40.00% 12. 24.USE THE FOLLOWING INFORMATION FOR THE NEXT 12 PROBLEMS 31-Dec-03 31-Dec-03 31-Dec-04 31-Dec-04 Stock Price Shares Price Shares W $ 75.00 10000 $ 50.00 30000 X $ 150.00 5000 $ 65.00 15000 Y $ 2