公司理财精要版原书第12版习题库答案Ross12e_Chapter22_TB_AnswerKey.pdfVIP

公司理财精要版原书第12版习题库答案

Ross12e_Chapter22_TB_AnswerKey

FundamentalsofCorporateFinance,12e(Ross)

Chapter22BehavioralFinance:ImplicationsforFinancial

Management

1)Nadinemadeabusinessdecisionthatturnedoutbadly.In

reflectinguponherdecision,shedecideditwasareasoningerror

thatledtothefaultydecision.Whichoneofthefollowingareas

ofstudybestappliestothissituation?

A)Corporateethics

B)Financialstatementanalysis

C)Managerialfinance

D)Debtmanagement

E)Behavioralfinance

Answer:E

Difficulty:1Easy

Topic:Behavioralfinance

LearningObjective:22-01Describehowbehaviorssuchas

overconfidence,overoptimism,andconfirmationbiascanaffect

decisionmaking.

Blooms:Remember

AACSB:ReflectiveThinking

Accessibility:KeyboardNavigation

2)PeterhassuccessfullymanagedthefinancesofA.D.

Leadbetterinamannerthathasyieldedabnormallyhighreturns.

Duetothissuccess,Peterhasdecidedtopublishanewsletterfor

financialexecutivessothathecansharehissuperiorfinancial

wisdomwithothers.ThereisaveryrealprobabilitythatPeterhas

whichoneofthefollowingcharacteristics?

A)Gamblersfallacy

B)Framedependence

C)Overconfidence

D)Representativenessheuristic

E)Sentiment-basedriskattitudes

Answer:C

Difficulty:1Easy

Topic:Biases

LearningObjective:22-01Describehowbehaviorssuchas

overconfidence,overoptimism,andconfirmationbiascanaffect

decisionmaking.

Blooms:Understand

AACSB:ReflectiveThinking

Accessibility:KeyboardNavigation

3)Jeremybelievesheexcelsatpickingstockwinnersand

thustradesfrequently.Whichcharacteristicdoeshemostlikely

represent?