CPA Finance FIN题库.pdfVIP

s@lm@n CPA Exam FIN Finance Version: 6.0 [ Total Questions: 80 ] 买题库 QQ:860424807 CPA FIN : Practice Test Question No : 1 It has been claimed that the weighted average cost of capital (WACC) should only be used to evaluate investment decisions, involving discounted cash flow calculations, where: 1.Theproposed project does not alter the business risk profile of the business. 2.TheWACC reflects the long-term capital structure of the business. Which ONE of the following combinations (true/false) is correct? A. Statement 1 = True, Statement 2 = True B. Statement 1 = True, Statement 2 = False C. Statement 1 = False, Statement 2 = True D. Statement 1 = False, Statement 2 = False Answer: A Question No : 2 Consider the following two statements concerning convertible loan notes: 1. A business will aim to issue convertible loan notes with the lowest possible conversion premium. 2. Convertible loan notes normally have a higher coupon rate of interest than non- convertible loan notes. Which ONE of the following combinations (true/false) is correct? A. Statement 1 = True, Statement 2 = True B. Statement 1 = True, Statement 2 = False C. Statement 1 = False, Statement 2 = True D. Statement 1 = False, Statement 2 = False Answer: D Question No : 3 Consider the following statements concerning the efficient market hypothesis: 2 买题库 QQ:860424807 CPA FIN : Practice Test 1. When markets demonstrate semi-strong form efficiency, share prices will react to publicly-available information about the future prospects of a business. 2. When markets demonstrate weak form efficiency, there is no connecti