State of the economy Probability Returns
Depression 5% -45%
Recession 15% -10%
Minimal slowdown 20% 5%
Stable 40% 10%
Expansion 15% 30%
Significant expansion 5% 35%B.1.1. What is the expected rate of return on Techspace stock?
A. 7.5%
B. 15%
C. 35%
D. 25%
B.1.2. The standard deviation of Techspace returns is
A. 7.5
B. 17.35
C. 3.01
D. 1.0
B.1.3. The total weighted squared variance of Techspace returns is
A. 43
B. 301
C. 75
D. 2738
B.1.4. The coefficient of variation of Techspace returns is
A. -1.0
B. 1.0
C. 1.3
D. 2.31
B.1.5. The systematic risk of an individual security is measured by the
A. standard deviation of the security’s rate of return.
B. covariance between the security’s returns and the general market.
C. security’s contribution to the portfolio risk.
D. standard deviation of the security’s returns and other similar securities.
B.1.6. Which one of the following would have the least impact on a firm’s beta value?
A. Debt-to-equity ratio.
B. Industry characteristics.
C. Operating leverage.
D. Payout ratio.
高頓網(wǎng)校特別提醒:已經(jīng)報名2015年CMA考試的考生可按照復(fù)習計劃有效進行!另外,高頓網(wǎng)校2015年CMA考試輔導(dǎo)高清課程已經(jīng)開通,通過針對性地講解、訓練、答疑,對學習過程進行全程跟蹤、分析、指導(dǎo),可以幫助考生全面提升備考效果。
報考指南: 2015年CMA考試報考指南
考前沖刺:CMA考試試題 考試輔導(dǎo)