Which of the following is NOT a leading economic indicator? A) Changes in the money supply. B) The prime rate charged by banks. C) Stock prices.
B
correct. Quiz 2: what is the vintage year of private equity?
the year when the fund was founded/created.
The GIPS provisions for private equity require the vintage year to be presented. Which of the following best describes the vintage year? The vintage year is the year in which: A) the first material investment was made. B) capital is first drawn down from investors. C) the composite was created.
C? Haven’t touched GIPS yet
B is the correct answer
fock
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Martina Blackwood has not been doing well with her investments. She consults Ben Haifen, CFA, for some advice. Which of Haifen’s following statements indicates that Blackwood has a heuristic-driven bias? A) Blackwood tends to hold onto her losers too long. B) Blackwood’s most valuable lessons were learned through her own mistakes. C) Blackwood doesn’t like fixed-income investments because she doesn’t understand them.
B??
correct. very good. In order to perfectly hedge an investment in foreign equities, a manager would most likely have to use: A) currency forwards only. B) both currency futures and equity forwards. C) both currency forwards and equity futures.
c
Either B or C…
C
Why C only? Is it just that the derivatives listed are more liquid for the respective asset classes or is it another reason?
Which of the following regarding the relationship between stock prices and changes in the growth of the money supply is least accurate? Changes in the growth of the money supply: A) affect the size effect in stock returns. B) do not affect the value effect in stock returns. C) affect the growth of the economy.
happyking02, derswap07, Would you please explain briefly the difference of B & C in this case. It may save me some points in the exam. Thanks in advance!
James@Houston Wrote: ------------------------------------------------------- > happyking02, derswap07, > > Would you please explain briefly the difference of > B & C in this case. It may save me some points in > the exam. Thanks in advance! B) both currency futures and equity forwards. C) both currency forwards and equity futures.
happyking02 Wrote: ------------------------------------------------------- > Which of the following regarding the relationship > between stock prices and changes in the growth of > the money supply is least accurate? Changes in the > growth of the money supply: > > A) affect the size effect in stock returns. > > B) do not affect the value effect in stock > returns. > > C) affect the growth of the economy. B