投资学模拟题(0道).docVIP

证券投资学模拟题 注：请将答案统一写在答题纸上，注明题号！！ 1) One of the major benefits of mutual funds is ________. a. that they are low-risk b. that they provide instant diversification c. that they have predictable returns d. that they are easily bought and sold e. all of these answers are major benefits 2) By adding stocks to a portfolio that are not perfectly correlated with stocks in the portfolio, you cannot ________ variability. a. eliminate b. decrease c. increase d. none of these answers 3) _______ permits funds to deduct as much as 1.25 percent of average net assets per year to cover distribution costs. a. Rule 144a b. The 12b-1 plan c. The 12b-1 Act d. The New Funds plan 4) If the nominal RFR(risk-free rate) is .09 and the inflation rate is .05, the real RFR is ________. a. .963 b. -.036 c. .555 d. .038 5) Which is a characteristic of an open-end investment company? a. sells no further shares b. you receive the NAV price of any share sales c. sells shares at a discount to NAV d. its stock trades on the secondary market e. market price of its shares is determined by supply and demand 6) A Markowitz efficient investor is one who a. chooses the point on the efficient frontier that has the highest rate of return. b. chooses only a point on or below the efficient frontier. c. chooses a point on the efficient frontier where his utility maps are perpendicular to the efficient frontier. e. chooses a point on the efficient frontier where his utility maps are tangent to the efficient frontier. 7) An investment company a. invests a pool of funds belonging to many individuals. b. lends money to other companies or individuals. c. borrows money from individuals and invests that money in securities. d. invests only in stocks. 8) Money market funds attempt to ________. I. provide current income and safety of principal II. provide liquidity III. hedge the investors risk IV. provide long-term capital gain a. II only b. I IV c. I II d. I III 9) You have esti