[PDF] Top 20 CFA 2018 Quest Bank R15 Firm and Market Structures Q Bank

... the firm is operating where price is less than average total cost and more than average variable cost; the firm is recovering all variable cost and some part of fixed ... Lihat dokumen lengkap

... 42. C is correct. QE is an unconventional approach to monetary policy and is operationally similar to open market purchase operations, but conducted on a much larger scale. The idea is that additional ... Lihat dokumen lengkap

... rival firm and the valuators have proposed a bid at a premium of 50% to the target's share ...shareholder and the remaining ownership is fragmented among small ... Lihat dokumen lengkap

... Held-for-trading and available-for-sale securities are carried at market value, whereas held-to-maturity securities are carried at amortized ...its market value, which is ... Lihat dokumen lengkap

... 30. The market price of a company's stock is $5 per share with 100 million shares outstanding. The company decides to use its cash reserves to undertake a $20 million share buyback. Just prior to the buyback, the ... Lihat dokumen lengkap

... 10 and closes with a settlement price of € ...115 and the bid and offer move to € 116 and € 118, ...the market closes. The marked-to-market amount the trader receives in his ... Lihat dokumen lengkap

... 49. An investor is considering investing in 8 bonds. According to a new investment policy of a company, an investor can invest in 3 bonds graded AAA, 3 bonds graded AA and 2 graded A. The investor can choose this ... Lihat dokumen lengkap

... 29. An analyst is estimating the net profit margin of a manufacturing company for next year. The method he adopts is to average the net profit margin for the past five years. Which of the following statements is most ... Lihat dokumen lengkap

... 6. C is correct. Sunk costs are costs that cannot be avoided. These costs do not affect the ‘accept or reject’ decision. Therefore they are not included as part of the cash flow determination. Externalities include the ... Lihat dokumen lengkap

... 31. SHM enterprise, a hypothetical company, owns several investment properties on which it earns rental income. It values the properties using the fair value model based on prevailing rental markets. SHM prepares its ... Lihat dokumen lengkap

... 43. A is correct. Except at maturity, the principal repayments are higher for a fully amortized bond than for an otherwise similar partially amortized bond. Consequently, the principal amounts outstanding and, ... Lihat dokumen lengkap

... a firm according to GIPS standards. The firm‟s inception date is 1 January, ...The firm claims compliance with GIPS Standards from 1 January, ...the firm allowed to link non-GIPS compliant ... Lihat dokumen lengkap

... 15. C is correct. Export subsidies interfere with the functioning of the free market and result in a deadweight loss to society. On the producer side, higher subsidized prices cause inefficient producers to ... Lihat dokumen lengkap

... the firm does not normally take supplier-provided discounts (paying in 10 days) nor pay its accounts within the 30-day terms ...the firm is paying faster than the average firm in the industry ... Lihat dokumen lengkap

... 39. Tim is working on his assignment to compare equity indices with fixed-income indices. From his class lecture, he recalls that 1) fixed income securities are harder to replicate 2) constituent securities of ... Lihat dokumen lengkap

... 26. B is correct. Quintiles divide data into five parts. Hence the first quintile corresponds to the 20 th percentile and the second quintile corresponds to the 40 th percentile. The location can be determined ... Lihat dokumen lengkap

... 19. B is correct. Regis will exercise the call options if the price is above the exercise price of $220 per share. If the stock price is above $220 but less than $223, the option would be exercised even though the net ... Lihat dokumen lengkap

... 15. C is correct. Based on the convention used in the curriculum, the term „with resp ect to efficient markets‟ implies that the markets are efficient. If the market is efficient, the most likely reason for the ... Lihat dokumen lengkap

... [r] ... Lihat dokumen lengkap

... 8. C is correct. Both statements are correct. The economy may face shortages because the demand for factors of production exceeds the supply. Furthermore, companies might overinvest in production capacity which can ... Lihat dokumen lengkap