Runkle, CFAThe first quintile is the 20th percentile. The first decile is the 10th percentile, the first quartile is the 25th percentile, and the median is the 50th percentile. While it is possible that these various percentiles or some subsets of them might be equal (for example the 10th ...
A. Appreciation is a fall in E when the exchange rate floats while revaluation is a rise in E when the exchange rate is fixed. ; B. Appreciation is a rise in E when the exchange rate floats while revaluation is a rise in E when the exchange rate is fixed. ; C. Appreciation is a...
解析 A Forward contracts are usually private transactions that do not have an intermediary such as a clearinghouse to guarantee performance by both parties. This type of transaction requires a high degree of creditworthiness for both parties.反馈 收藏 ...
A and B are incorrect because an interbank offered rate such as Libor or Euribor is a set of reference rates (not a single reference rate) for different borrowing periods of up to one year (not 10 years).【释义】Libor或Euribor等银行间同业拆息率是一组最长为一年(而不是10年)的不同借款...
Which of the following statements is most accurate? Ethical principles are sets of beliefs centered around: A.societies’ views on what is considered good or bad conduct. B.acceptable conduct based on the direct and indirect consequences on others. C.rules established by a government with re...
答案解析 :In an efficient market, market participants will process available information and those with oppositeviews will trade among each other until securities market prices fully reflect their fundamental values.An efficient market is thus a market in which asset prices reflect all past and present...
The standardization of each line item makes a common size income statement useful for identifying differences in companies’ strategies.[释义] 百分比利润表通过将利润表的每一行项目列为收入的百分比,有助于跨时间段(时间序列分析)和跨公司(横截面分析)进行比较。不同公司的相对业绩可以更容易地评估,因为按...
A. All legal behavior is ethical behavior. B. Some ethical behavior may be illegal. C. Legal standards represent the highest standard. 相关知识点: 试题来源: 解析 Solution: B. Some ethical behavior may be illegal. Civil disobedience is an example of what may be illegal behavior that some ...
Which of the following statements is most accurater A set of events is mutually exclusive means:() A. the events cover all possible outcomes. B. only one event can occur at a time. C. the sum of all the events' probabilities equals one. 相关知识点: 试题来源: 解析 B 遍历(exhaustive...
Study Session 13-56-f Discuss rebalancing and reconstitution. After an equal weighted index is constructed and the prices of constituent securities change, the index is no longer equally weighted. Therefore, maintaining equal weights requires frequent adjustments (rebalancing) to the index.反馈...