CHAMINADE MBA754 WEEK 5 CH 5 quiz

CHAMINADE MBA754 WEEK 5 CH 5 quiz

Question 1. Question :

Maximum international diversification can be achieved by investing solely in U.S. multinational corporations.

: True

False

Points Received: 1 of 1

Comments:

Question 2. Question :

Traditional portfolio management

: IN concentrates on only the most recent "hot" sectors of the market.

typically centers on interindustry diversification.

includes only diversified bonds in a laddered portfolio.

is based on statistical measures to develop the portfolio plan.

Points Received: 0 of 1

Comments:

Question 3. Question :

Which one of the following conditions can be effectively eliminated through portfolio diversification?

: a general price increase nationwide

an interest rate reduction by the Federal Reserve

increased government regulation of auto emissions

change in the political party that controls Congress

Points Received: 1 of 1

Comments:

Question 4. Question :

Diversifiable risk is also called systematic risk.

: True

False

Points Received: 1 of 1

Comments:

Question 5. Question :

Currency exchange rate risk can be hedged using forwards, futures and options.

: True

False

Points Received: 1 of 1

Comments:

Question 6. Question :

Portfolio objectives should be established before beginning to invest.

: True

False

Points Received: 1 of 1

Comments:

Question 7. Question :

A stock with a beta of 1.3 is less risky than a stock with a beta of 0.42.

: True

False

Points Received: 1 of 1

Comments:

Question 8. Question :

A beta of 0.5 means that a stock is 5% more risky than the overall market.

: True

False

Points Received: 1 of 1

Comments:

Question 9. Question :

Perfectly negatively correlated assets have a correlation coefficient of plus one.

: True

False

Points Received: 1 of 1

Comments:

Question 10. Question :

A portfolio with a beta of .5 will be 50% more volatile than the market portfolio.

: IN True

False

Points Received: 0 of 1

Comments:

Question 11. Question :

The Dow Jones Industrial Average of thirty stocks is a suitable proxy for market returns in the CAPM.

: IN True

False

Points Received: 0 of 1

Comments:

Question 12. Question :

Standard deviation is a measure that indicates how the price of an individual security responds to market forces.

: True

False

Points Received: 1 of 1

Comments:

Question 13. Question :

Aggressive investors tend to prefer investing solely in negative beta stocks in a bull market.

: True

False

Points Received: 1 of 1

Comments:

Question 14. Question :

Both the efficient frontier and beta are important aspects of MPT.

: True

False

Points Received: 1 of 1

Comments:

Question 15. Question :

Correlation is a measure of the relationship between two series of numbers.

: True

IN False

Points Received: 0 of 1

Comments:

Question 16. Question :

A coefficient of determination of 0.6 means that 40% of the variation in a security's return is related to factors other than the security's relationship to the market.

: True

False

Points Received: 1 of 1

Comments:

Question 17. Question :

Systematic risks

: can be eliminated by investing in a variety of economic sectors.

are forces that affect all investment categories.

result from random firm-specific events.

are unique to certain investment vehicles.

Points Received: 1 of 1

Comments:

Question 18. Question :

Historical betas are always reliable predictors of future return fluctuations.

: True

False

Points Received: 1 of 1

Comments:

Question 19. Question :

Beta measures diversifiable risk while standard deviation measures systematic risk.

: True

False

Points Received: 0 of 1

Comments:

Question 20. Question :

Betas must be positive numbers.

: True

False

Points Received: 1 of 1

Comments:

Question 21. Question :

The best stock to own when the stock market is at a peak and is expected to decline in value is one with a beta of

: +1.5.

+1.0.

-1.0.

-0.5.

Points Received: 0 of 1

Comments:

Question 22. Question :

Arbitrage pricing theory suggests that there are a number of factors that affect the risk premium of a security.

: True

False

Points Received: 1 of 1

Comments:

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