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Chpt 10 pt 2

Pregunta 1 de 35

1

Stand-alone = Portfolio + Diversifiable
risk risk r isk

Selecciona una de las siguientes respuestas posibles:

  • Stand-alone = Greek Yogurt + Diversifiable

  • Stand-alone = Portfolio + Diversifiable

  • Stand-alone = Paper + Diversifiable

Explicación

Pregunta 2 de 35

1

Two of the most important financial analysis concepts are risk and return.

Selecciona una de las siguientes respuestas posibles:

  • rate and return

  • risk and return

Explicación

Pregunta 3 de 35

1

What is financial risk, how is it measured, and why is it so important to financial decision making?

Selecciona una de las siguientes respuestas posibles:

  • important to financial decision making?

  • important to no financial decision making?

Explicación

Pregunta 4 de 35

1

The risk of a portfolio (sp) decreases as more and more investments are randomly added.

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 5 de 35

1

The risk of a portfolio (sp) -------- as more and more investments are randomly added.

Selecciona una de las siguientes respuestas posibles:

  • decreases

  • increases

Explicación

Pregunta 6 de 35

1

The risk of a portfolio (sp) decreases as more and more investments are randomly added.
However, the incremental risk reduction from each new investment decreases as more assets are added.
Considerable risk remains regardless of the number of assets added.

However, the incremental risk reduction from each new investment --- as more assets are added.

Selecciona una de las siguientes respuestas posibles:

  • increase

  • decrease

Explicación

Pregunta 7 de 35

1

Considerable risk remains regardless of the number of assets added.

Selecciona una de las siguientes respuestas posibles:

  • remain

  • doesnt remain

Explicación

Pregunta 8 de 35

1

Stand-alone risk is the risk of an individual investment when it is held in ------.

Diversifiable risk is that part of the stand-alone risk that can be eliminated by diversification.

Selecciona una de las siguientes respuestas posibles:

  • isolation

  • together

Explicación

Pregunta 9 de 35

1

Stand-alone risk is the risk of an individual investment when it is held in isolation.

Diversifiable risk is that part of the stand-alone risk that can be eliminated by -------

Selecciona una de las siguientes respuestas posibles:

  • diversifcation

  • quantitative data

Explicación

Pregunta 10 de 35

1

Diversifiable risk is that part of the stand-alone risk that can be eliminated by diversification.
Portfolio risk is that part of the stand-alone risk that cannot be eliminated by diversification

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 11 de 35

1

what cannot be eliminated by diversification?

Selecciona una de las siguientes respuestas posibles:

  • deliverable risk

  • portfolio risk

Explicación

Pregunta 12 de 35

1

It is --- rationale for an investor, whether an individual or business, to hold a single investment.

Selecciona una de las siguientes respuestas posibles:

  • not

  • super

Explicación

Pregunta 13 de 35

1

It is not rationale for an investor, whether an individual or business, to hold ---------

Selecciona una de las siguientes respuestas posibles:

  • single investment

  • multiple investment

Explicación

Pregunta 14 de 35

1

It is not rationale for an investor, whether an individual or business, to hold a single investment.

Because an investment held in a portfolio is less risky than when held in isolation,

stand-alone risk measures (i.e., s) are not relevant for investments held in portfolios.

Because an investment held in a -------- is less risky than when held in isolation,

Selecciona una de las siguientes respuestas posibles:

  • portfolio

  • ageneda

Explicación

Pregunta 15 de 35

1

The most widely used measure of risk for investments held in portfolios is the beta coefficient, or just beta.

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 16 de 35

1

The most widely used measure of risk

Selecciona una de las siguientes respuestas posibles:

  • beta

  • one

Explicación

Pregunta 17 de 35

1

The most widely used measure of risk for investments held in portfolios is the beta coefficient, or just beta.
Beta measures the volatility of the investment’s returns relative to the returns on the portfolio.
Because beta is a relative measure of risk, it depends on both the investment and the portfolio.

Selecciona una de las siguientes respuestas posibles:

  • it depends on both the investment and the portfolio.

  • it depends on both the investment and the agenda

Explicación

Pregunta 18 de 35

1

If beta = 1.0, investment has average risk, where average is defined as the riskiness of the portfolio.
If beta > 1.0, investment has above-average risk.
If beta < 1.0, investment has below-average risk.
Most investments have betas in the range of 0.5 to 1.5.

=========
If beta < 1.0.........

Selecciona una de las siguientes respuestas posibles:

  • investment has average risk

  • investment has above-average risk

  • investment has below-average risk

Explicación

Pregunta 19 de 35

1

Most investments have betas in the range of 0.5 to 1.5.

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 20 de 35

1

Most investments have betas in the range of ---- to 1.5.

Selecciona una de las siguientes respuestas posibles:

  • 0.1

  • 0.0

  • 0.5

Explicación

Pregunta 21 de 35

1

The CAPM is based on a very restrictive set of assumptions.
It has not been empirically verified.
It is based on investor expectations, but the inputs used in the model typically are based on historical data.

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 22 de 35

1

The CAPM is based on a very ________ set of assumptions.
It has not been empirically verified.
It is based on investor expectations, but the inputs used in the model typically are based on historical data.

Selecciona una de las siguientes respuestas posibles:

  • unrestrictive

  • restrictive

Explicación

Pregunta 23 de 35

1

CAPM It is based on investor expectations, but the inputs used in the model typically are based on ---- data.

Selecciona una de las siguientes respuestas posibles:

  • bar

  • historical

Explicación

Pregunta 24 de 35

1

Some Good News About the CAPM

The CAPM provides investors with a very rational way of thinking about required rates of return..
R(Re) is composed of:
The risk-free rate, which compensates investors for the time value of money.
A risk premium, which compensates investors for the amount of portfolio risk assumed.

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 25 de 35

1

Some Good News About the CAPM

The CAPM provides investors with a very ------ way of thinking about required rates of return..
R(Re) is composed of:
The risk-free rate, which compensates investors for the time value of money.
A risk premium, which compensates investors for the amount of portfolio risk assumed.

Selecciona una de las siguientes respuestas posibles:

  • unrational

  • rational

Explicación

Pregunta 26 de 35

1

The ---------- which compensates investors for the time value of money.
A risk premium, which compensates investors for the amount of portfolio risk assumed.

Selecciona una de las siguientes respuestas posibles:

  • not risk free rate

  • risk free rate

Explicación

Pregunta 27 de 35

1

Portfolio Risk

If the investor is an individual, the investments are individual securities (stocks), the portfolio is the market portfolio, and the relevant risk of each asset is called market risk.
If the investor is a business, the investments are real assets (projects), the portfolio is the entire business, and the relevant risk of each asset is called corporate risk .

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 28 de 35

1

Portfolio Risk

If the investor is an individual, the investments are individual --------- (stocks), the portfolio is the market portfolio, and the relevant risk of each asset is called market risk.
If the investor is a business, the investments are real assets (projects), the portfolio is the entire business, and the relevant risk of each asset is called corporate risk .

Selecciona una de las siguientes respuestas posibles:

  • not securities

  • securities

Explicación

Pregunta 29 de 35

1

If the investor is a business, the investments are ------- assests which are known as -------

Selecciona una de las siguientes respuestas posibles:

  • assests, project

  • not assets, not business

Explicación

Pregunta 30 de 35

1

In for-profit businesses, projects have both corporate risk and market risk.
The risk of the project as seen by the business’s managers is corporate risk, which is measured by its corporate beta.
The risk of the project as seen by the business’s shareholders is market risk, which is measured by market beta.

Selecciona una de las siguientes respuestas posibles:

  • In for-profit businesses, projects have both corporate risk and market risk.

  • In for-profit businesses, projects does have both corporate risk and market risk.

Explicación

Pregunta 31 de 35

1

The risk of the project as seen by the business’s managers is corporate risk, which is measured by its corporate beta.

Selecciona una de las siguientes respuestas posibles:

  • corporate

  • incorporate

Explicación

Pregunta 32 de 35

1

what is measured by market beta

Selecciona una de las siguientes respuestas posibles:

  • business shareholders

  • business managers

Explicación

Pregunta 33 de 35

1

The beta of portfolio is simply the weighted average of the betas of the component investments.

Selecciona una de las siguientes respuestas posibles:

  • beta of portfolio is simply the weighted average

  • beta of portfolio is not simply the weighted average

Explicación

Pregunta 34 de 35

1

Risk and Required Return

Defining and measuring risk is of no value if we cannot relate risk to required rate of return.

Selecciona uno de los siguientes:

  • VERDADERO
  • FALSO

Explicación

Pregunta 35 de 35

1

Risk and Required Return

Defining and measuring risk is of ------ value if we cannot relate risk to required rate of return.

Selecciona una de las siguientes respuestas posibles:

  • a

  • no

Explicación

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