A company that sells ice cream is evaluating an expansion of its production facilities to also produce frozen yogurt.A marketing study has concluded that producing frozen yogurt would increase the company’s ice cream sales because of an increase in brand awareness.What impact will the cash flows from the expected increase in ice cream sales most likely have on the NPV of the yogurt project？（）

對于一個基于結(jié)構(gòu)性因素的市場來說，以下哪項(xiàng)能夠證明市場異常（）。

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

再投資風(fēng)險(xiǎn)（）。

An analyst is developing net present value （NPV）profiles for two investment projects.The only difference between the two projects is that Project 1 is expected to receive larger cash flows early in the life of the project，while Project 2 is expected to receive larger cash flows late in the life of the project.The sensitivities of the projects’NPVs to changes in the discount rate is best described as：（）

Which of the following statements is least likely to be an assumption about investor behaviour underlying the Markowitz model？（）

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(bào)率是12%，那么A公司的賬面價值額最接近（）。

一美國投資者于一年前購買了18，000英鎊的英國發(fā)行的證券。當(dāng)時一英鎊等于$1.75。假設(shè)這一年里，沒有任何的股息收益.?，F(xiàn)在這些證券的價值達(dá)24，000英鎊。一英鎊等于$1.88，那么總的美元收益最接近（）。

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

以下哪個收益率最可能成為投資者對債券估價的因素（）。