Question: The market risk, beta, of a security is equal to A. the covariance between the security’s return and the market return divided by the variance of the market’s returns. B. the covariance between the security and market returns divided…

Question: Municipal government debt A. pays more interest than corporate debt B. is often purchased by individuals with high incomes C. is exempt from estate taxation D. is not subject to interest rate risk Answer» b. is often purchased by…

Question: Serials bonds are A. Large bond issues carrying fixed maturity date B. Small bond issues carrying many maturity dates. C. Small bond issues carrying single maturity date. D. Large bond issues carrying many maturity dates. Answer» b. Small bond…

Question: Which of the following is not a form of real asset? A. Rare paintings B. Baseball cards C. Diamonds D. Real estate Answer» b. Baseball cards Note: The above multiple-choice question is for all general and Competitive Exams in…

Question: The investor of a high-yielding utility can expect A. Slow growth in earnings B. Slow growth in the stock price C. Slow growth in the stock price with a fast growth in earnings D. Both a and b Answer»…

Question: The market price of a bond depends on the A. coupon rate, and terms of the indenture B. coupon rate, and maturity date C. terms of the indenture, and maturity date D. coupon rate, terms of the indenture, and…