碰费科样降父多大号 公司理财 C.$11.83 D.$15.68 E.$16.47 6.Which of the following statements correctly describes the capital asset pricing model(CAPM)? i.Investors have different expectations about risk and expected returns. ii.The asset beta is the weighted-average of debt and equity betas. ii.The asset beta reflects the business and financial risk of the firm. A.ionly B.iii only C.i and ii only D.ii only E.i,ii and iii 7.Usually,the yield on a 30-day federal treasury bill consists of the following components. A.real interest rate B.real interest rate and premium for expected inflation C.real interest rate,liquidity premium for maturity and premium for expected inflation D.real interest rate and premium for default risk E.real interest rate and premium for political risks 8.The stock beta of a firm reflects: A.the unsystematic risk of the firm B.the market risk of the S&P 500 Stock Index C.the unsystematic risk for the industry D.the risk preferences of the board of directors E.the non-diversifiable business and financial risks facing the firm 9.There are benefits to holding a diversified stock portfolio if the correlation coefficient between the expected returns on the component stocks: A.exceeds two 第3页共4页公司理财 C. $11.83 D. $15.68 E. $16.47 6. Which of the following statements correctly describes the capital asset pricing model (CAPM)? i. Investors have different expectations about risk and expected returns. ii. The asset beta is the weighted-average of debt and equity betas. iii. The asset beta reflects the business and financial risk of the firm. A. i only B. iii only C. i and ii only D. ii only E. i, ii and iii 7. Usually, the yield on a 30-day federal treasury bill consists of the following components. A. real interest rate B. real interest rate and premium for expected inflation C. real interest rate, liquidity premium for maturity and premium for expected inflation D. real interest rate and premium for default risk E. real interest rate and premium for political risks 8. The stock beta of a firm reflects: A. the unsystematic risk of the firm B. the market risk of the S&P 500 Stock Index C. the unsystematic risk for the industry D. the risk preferences of the board of directors E. the non-diversifiable business and financial risks facing the firm 9. There are benefits to holding a diversified stock portfolio if the correlation coefficient between the expected returns on the component stocks: A. exceeds two 第 3 页 共 4 页