If the degree of financial leverage （DFL）is 1.00，the operating breakeven point compared to the breakeven point，is most likely（）

In general，which of the following institutions will most likely have a high need for liquidity and a short investment time horizon？（）

以下哪個收益率最可能成為投資者對債券估價的因素（）。

An analyst is developing net present value （NPV）profiles for two investment projects.The only difference between the two projects is that Project 1 is expected to receive larger cash flows early in the life of the project，while Project 2 is expected to receive larger cash flows late in the life of the project.The sensitivities of the projects’NPVs to changes in the discount rate is best described as：（）

關(guān)于如何衡量當(dāng)前收益率，以下哪個選項最正確（）。

According to the Capital Asset Pricing Model （CAPM），the market portfolio（）

一家公司債券，應(yīng)稅收益率為7%。稅級為30%，那么投資者的稅后收益率將會是（）。

迪萊拉公司的現(xiàn)期普通股息為$1.25。從長遠(yuǎn)來看，有望以4%的速度增長。假定無風(fēng)險利率為4.25%，預(yù)期市場回報率為8%，個股貝塔系數(shù)為0.90，那么迪萊拉公司的個股價格應(yīng)最接近（）。

Which of the following statements is least likely to be an assumption about investor behaviour underlying the Markowitz model？（）

分析者使用了下列信息形成了一組價值加權(quán)指數(shù)：假設(shè)12月31日，20X5初始的指數(shù)價值為100，那么最后20X6的價值加權(quán)指數(shù)最接近（）。