兹维博迪金融学第二版试题库08TB备课讲稿.pdf

百川东到海，何时复西归？少壮不尽力，老大徒伤悲。——汉乐府《长歌行》 兹维博迪金融学第二 版试题库 08TB Chapter Eight Valuation of Known Cash Flows: Bonds This chapter contains 50 multiple choice questions, 18 short problems and 9 longer problems. Multiple Choice 1. A ________ is a quantitative method used to infer an assets value from market information about the prices of other assets and market interest rates. (a) fixed model (b) perpetual valuation model (c) valuation model (d) variable model Answer: (c) 2. ________ are examples of fixed-income securities. (a) Common stock and pension funds (b) Mortgages and pension annuities (c) Mutual funds and common stock (d) Preferred stock and common stock Answer: (b) 古之立大事者，不惟有超世之才，亦必有坚忍不拔之志。——苏轼 大丈夫处世，不能立功建业，几与草木同腐乎？——《罗贯中》 精品资料 3. Consider a fixed-income security that promises to pay $150 each year for the next five years. How much is this five-year annuity worth if the appropriate discount rate is 7% per year? (a) $534.74 (b) $615.03 (c) $802.50 (d) $867.96 Answer: (b) 2 仅供学习与交流，如有侵权请联系网站删除谢谢 其身正，不令而行；其身不正，虽令不从。——《论语》 百川东到海，何时复西归？少壮不尽力，老大徒伤悲。——汉乐府《长歌行》 精品资料 4. Consider a fixed-income security that promises to pay $120 each year for the next four years. Calculate the value of this four-year annuity if the appropriate discount rate is 6% per year. (a) $415.81 (b) $508.80 (c) $531.85 (d) $629.06 Answer: (a) 5. The price of any existing fixed-income security _