金融学试题A卷..docVIP

国际商学院2010-2011学年度第二学期《金融学》期末考试试卷(A) 《中山大学授予学士学位工作细则》第六条：“考试作弊不授予学士学位。” 姓名 学号 专业 成绩 Single Choice Questions (2 points per question, 12 point maximum) Company X has a beta of 1.5. The risk-free interest rate is 6% per annum; and the expected market premium is 10% per annum. What is Company X’s cost of equity? A: 9%; B: 12%; C: 15%; D: 21%. If the intrinsic value of a share of common stock is more than its market value, which of the followings is the most reasonable conclusion? A: The stock has a low level of risk B: The stock offers a high dividend payout