Pregunta 1
Pregunta
A company's Market Value Added equates to the market assessment of the present value of
the company's future:
Respuesta
-
dividend distributions
-
economic value added
-
capital costs
-
gross profits
Pregunta 2
Pregunta
If the real annual returns of a UK equity investment are normally distributed around the mean
return of 8% with a standard deviation of 4.5% approximately two-thirds of the returns
recorded will be within what range?
Respuesta
-
-5.5% and 21.5%
-
-1% and 17%
-
3.5% and 12.5%
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5.75% and 10.25%
Pregunta 3
Pregunta
When considering the money supply, money is accurately described as anything that is
generally:
Respuesta
-
convertible to sterling currency
-
acceptable as a means of settling a debt
-
sustainable in value over a defined period
-
tradable and held outside of a bank or building society deposit
Pregunta 4
Pregunta
Which of the following is a fiscal policy used to stimulate the economy?
Respuesta
-
Raising interest rates
-
Cutting interest rates
-
Raising personal taxes
-
Cutting personal taxes
Pregunta 5
Pregunta
Two sets of data are positively correlated. If one set of data rises in value, what will happen to
the other set?
Pregunta 6
Pregunta
What differentiates Gross Domestic Product (GDP) and Gross National Product (GNP)?
Respuesta
-
A Indirect taxes, depreciation and net exports
-
Indirect taxes and depreciation
-
Depreciation and property income
-
Net property income
Pregunta 7
Pregunta
A function of the Monetary Policy Committee is to:
Respuesta
-
attempt to control inflation by setting the base rate
-
intervene in the financial markets to control money supply
-
maintain confidence in the UK financial system
-
promote public understanding of inflation
Pregunta 8
Pregunta
The demand curve for a particular product will be horizontal where the supplying firm operates
in:
Respuesta
-
a perfect competitive market
-
a monopolistic market
-
a sector generating excessive profits
-
a sector generating minimal profits
Pregunta 9
Pregunta
The annual return of a portfolio in each of the last six years has been 8.2%, 3.6%, 5.1%, 2.1%,
9.4% and 4.7%. What is the arithmetic mean return?
Pregunta 10
Pregunta
A company's p/e ratio recently changed from 12 to 15. This normally indicates that:
Respuesta
-
the share value has fallen
-
growth expectations have improved
-
dividend levels have become less stable
-
the relevant market sector is in decline
Pregunta 11
Pregunta
Which of the following is MOST LIKELY to be a factor causing market movement?
Pregunta 12
Pregunta
The Liquidity (Acid Test) ratio measures a company's ability to:
Respuesta
-
increase its current assets
-
meet its current liabilities
-
increase its inventory turnover
-
pay its non-current liabilities
Pregunta 13
Pregunta
In a two-stock portfolio which of the following correlations would normally offer the greatest
level of diversification?
Pregunta 14
Pregunta
In technical analysis, the term, 'primary movement' refers to which of the following?
Respuesta
-
Short-term share price trend
-
Long-term share price trend
-
Short-term dividend policy
-
Long-term dividend policy
Pregunta 15
Pregunta
The difference between a nominal rate of return and a real rate of return relates solely to the
effects of
Respuesta
-
taxation
-
charges
-
inflation
-
compounding
Pregunta 16
Pregunta
Which of the following is NOT counted as part of the Current Account Balance?
Respuesta
-
Imported and exported goods
-
Dividends on UK holdings of overseas assets
-
Long-term capital flows
-
Interest on UK holdings of overseas assets
Pregunta 17
Pregunta
If $2,200 is invested for four years with interest at the rate of 6% p.a., compounded half-yearly,
what will be the value at the end of this period?
Respuesta
-
$2,696.55
-
$2,777.45
-
$2,786.89
-
$2,860.77