20172018 name No course class single choice each 2point
??????2017-2018?? ?????? name No course class ?? ?? ? ?? single choice (each 2points, total 60 points) f a Treasury note has a bid price of $975, the quoted bid price in the Wall Street Journal would be A. 97:50 C. 97:80 D. 94:24 E. 97:75 B. 97:16 mass%20rear municipal bond is currently priced to yield 7.2%. For a taxpayer in the 33% marginal tax bracket, this bond would offer an equlvalent taxable yield of: A. 8.20%. B. 10.75%. C.11.40, D. 4.82%. E. none of the above. 3. The stocks on the Dow Jones Industrial Average A have remained unchanged since the creation of the index. B. include most of the stocks traded on the NYSE. C. are changed occasionally as circumstances dictate. D. consist of stocks on which the investor cannot lose money E. B and C 4. Which of the following securities is a money market instrument? A. Treasury note B. Treasury bond. C municipal bond. D. commercial paper E. mortgage security. 5. A put option allows the holder to A. buy the underlying asset at the strike price on or before the expiration date. B. sell the underlying asset at the strike price on or before the expiration date. sell the option in the open market prior to expiration. D. B and C E. A and C 6. Of the following types of mutual funds, an investor that wishes portfolio of stocks worldwide (including the U.S.) should choose A. international funds. D. emerging market funds. 7. An example of a derivative security is A. a common share of General Motors to invest in a diversified B. global funds E. none of the above. C regional funds. B. a call option on Mobil stock E. A and B D. B and C C a commodity futures contract 8.An ETF
Solution
There are too many questions and I am solving first 4:
1)It is always quoted in 1/32th so it has to be 97+(16/32)=97.5
it is option B
2)The after tax yield= 7.2%*(1-33%)=4.82%
it is option D
3)Option C
4)These are short term securities issued by municipal or coporates
It is option d
