以下哪個敘述是正確的（）。

A公司交易15次（持續(xù)12個月）都是延遲盈余，如果A公司的股本回報率是12%，那么A公司的賬面價值額最接近（）。

The stock of GBK Corporation has a beta of 0.65.If the risk-free rate of return is 3% and the expected market return is 9%，the expected return for GBK is closest to（）

In general，which of the following institutions will most likely have a high need for liquidity and a short investment time horizon？（）

當投資者被要求使用實際上不屬于他/她的證券來支付股息時，最有可能會用到（）。

由于利息率（）。

A portfolio manager generated a rate of return of 15.5% on a portfolio with beta of 1.2.If the risk-free rate of return is 2.5% and the market return is 11.8%，Jensen’s alpha for the portfolio is closest to：（）

Which of the following is most likely a sign of a good corporate governance structure？（）

Which of the following performance measures most likely relies on systematic risk as opposed to total risk when calculating risk-adjusted return？（）

債券的買賣差價最直接受到什么影響（）。