投资学题库Chap005【参考】.docx

Chapter 05Risk, Return, and the Historical Record?Multiple Choice Questions?1.Over the past year you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period. The exact actual growth rate of your purchasing power was??A.?15.5%.B.?10.0%.C.?5.0%.D.?4.8%.E.?15.0%.?2.Over the past year you earned a nominal rate of interest of 8% on your money. The inflation rate was 4% over the same period. The exact actual growth rate of your purchasing power was??A.?15.5%.B.?10.0%.C.?3.8%.D.?4.8%.E.?15.0%.?3.A year ago, you invested $1,000 in a savings account that pays an annual interest rate of 9%. What is your approximate annual real rate of return if the rate of inflation was 4% over the year???A.?5%B.?10%C.?7%D.?3%?4.A year ago, you invested $10,000 in a savings account that pays an annual interest rate of 5%. What is your approximate annual real rate of return if the rate of inflation was 3.5% over the year???A.?1.5%B.?10%C.?7%D.?3%E.?None of the options?5.If the annual real rate of interest is 5% and the expected inflation rate is 4%, the nominal rate of interest would be approximately??A.?1%.B.?9%.C.?20%.D.?15%.?6.If the annual real rate of interest is 2.5% and the expected inflation rate is 3.7%, the nominal rate of interest would be approximately??A.?3.7%.B.?6.2%.C.?2.5%.D.?-1.2%.?7.You purchased a share of stock for $20. One year later you received $1 as a dividend and sold the share for $29. What was your holding-period return???A.?45%B.?50%C.?5%D.?40%E.?None of the options?8.You purchased a share of stock for $68. One year later you received $3.00 as a dividend and sold the share for $74.50. What was your holding-period return???A.?12.5%B.?14.0%C.?13.6%D.?11.8%?9.Which of the following determine(s) the level of real interest rates?I) The supply of savings by households and business firmsII) The demand for investment fundsIII) The government's net supply and/or demand for funds??A.?I onlyB.?II onlyC.?I and II onlyD.?I, II, and