《投资学》博迪第6版答案.docVIP

《投资学》博迪第6版答案_ Contents Chapter1: The Investment Environment. 1-1 Chapter2: Financial Instruments. 2-1 Chapter3: How Securities Are Traded. 3-1 Chapter4: Mutual Funds and Other Investment Companies. 4-1 Chapter5: History of Interest Rates and Risk Premiums. 5-1 Chapter6: Risk and Risk Aversion. 6-1 Chapter7: Capital Allocation Between The Risky Asset The Risk-Free Asset. 7-1 Chapter8: Optimal Risky Portfolios8-1 Chapter9: The Capital Asset Pricing Model9-1 Chapter 10: Index Models 10-1 Chapter 11: Arbitrage Pricing Theory 11-1 Chapter 12: Market Efficiency and Behavioral Finance12-1 Chapter 13: Empirical Evidence on Security Returns 13-1 Chapter 14: Bond Prices and Yields 14-1 Chapter 15: The Term Structure of Interest Rates15-1 Chapter 16: Managing Bond Portfolios. 16-1 Chapter 17: Macroeconomic Industry Analysis17-1 Chapter 18: Equity Valuation Models 18-1 Chapter 19: Financial Statement Analysis19-1 Chapter 20: Options Markets: Introduction 20-1 Chapter 21: Option Valuation 21-1 Chapter 22: Futures Markets22-1 Chapter 23: Futures Markets: A Closer Look23-1 Chapter 24: Portfolio Performance Evaluation. 24-1 Chapter 25: International Diversification. 25-1 Chapter 26: The Process of Portfolio Management 26-1 Chapter 27: The Theory of Active Portfolio Management. 27-1 iii课后答案网 //. CHAPTER 1: THE INVESTMENT ENVIRONMENT1. a. Cash is a financial asset because it is the liability of the federal government b. NoThe cash does not directly add to the productive capacity of the economy c. Yes d. If the economy is already operating at full capacity, and you now command the additional purchasing power provided by the $10 billion, then your increased ability to purchase goods must be offset by a decrease in the ability of others to purchase goodsThus, the other individuals in the economy can be made worse off by your discovery 2. a. The bank loan is a financial liability for LanniLanni’s IOU is the bank’s financial as