Click on the Link Below to
Purchase A+ Graded Course Material
Quiz 5 Chapter 12
and 13
Chapter 12:
___________________________________________________________________________
|
1.
|
A top-down analysis
of a firm's prospects starts with an analysis of the ____.
|
A.
|
firm's position in
its industry
|
|
B.
|
U.S. economy or
even the global economy
|
|
D.
|
specific firm under
consideration
|
|
|
2.
|
In 1980 the
dollar-yen exchange rate was about $.0045. In 2012 the yen-dollar exchange
rate was about 80 yen per dollar. A Japanese producer would have had to
increase the dollar price of a good sold in the United States by
approximately _____ to maintain the same yen price in 2012.
|
|
3.
|
An increase in the
value of the yen against the U.S. dollar can cause the Japanese automaker
Toyota to either _____________ on its U.S. sales.
|
A.
|
lose market share
or reduce its profit margin
|
|
B.
|
gain market share
or reduce its profit margin
|
|
C.
|
lose market share
or increase its profit margin
|
|
D.
|
gain market share
or increase its profit margin
|
|
|
4.
|
You estimate that the
present value of a firm's cash flow is valued at $15 million. The break up
value of the firm if you were to sell the major assets and divisions
separately would be $20 million. This is an example of what Peter Lynch would
call ___________.
|
|
5.
|
Between 1999 and
2010, the purchasing power of the U.S. dollar increased relative to the
purchasing power of _______.
|
|
6.
|
If you believe the
economy is about to go into a recession, you might change your asset
allocation by selling _______ and buying ______.
|
A.
|
growth stocks;
long-term bonds
|
|
B.
|
long-term bonds;
growth stocks
|
|
C.
|
defensive stocks;
growth stocks
|
|
D.
|
defensive stocks;
long-term bonds
|
|
|
7.
|
The yield curve
spread between the 10-year T-bond yield and the federal funds rate is a
_______ economic indicator.
|
|
8.
|
The Conference
Board's Consumer Confidence Index is released ______.
|
|
9.
|
You can earn abnormal
returns on your investments via macro forecasting ______.
|
A.
|
if you can forecast
the economy at all
|
|
B.
|
if you can forecast
the economy as well as the average forecaster
|
|
C.
|
if you can forecast
the economy better than the average forecaster
|
|
D.
|
only if you can
forecast the economy with perfect accuracy
|
|
|
10.
|
Which of the
following industries would most analysts classify as mature?
|
A.
|
Internet service
providers
|
|
C.
|
Wireless
communication
|
|
|
11.
|
Which one of the
following stocks represents industries with below-average sensitivity to the
state of the economy?
|
|
12.
|
The most widely used
monetary policy tool is _________.
|
A.
|
altering the
discount rate
|
|
B.
|
altering reserve
requirements
|
|
C.
|
open market
operations
|
|
D.
|
increasing the
budget deficit
|
|
|
13.
|
Which one of the
following is the ratio of actual output from factories to potential output
from factories?
|
A.
|
Capacity
utilizationrate
|
|
C.
|
Durable goods
orders rate
|
|
D.
|
Industrial
production rate
|
|
Comments
Post a Comment