
can anyone help?
1. Pyramiding Profit in margin account is possible whenever...
a. There is excess margin in acc
b. Debit Bal increase
c. Initial Margin exceed maintenance margin requirement
d. Credit Balance changes
2. Which pricing model provide no guidance concerning the determination of the risk premium on a factor portfolio?
a. CAPM
b. Multifactor APT
c. Both
d. Neither
3. In equilibrium, the marginal price of risk for a risky security must be...
a. Equal to marginal price of risk of market portfolio
b. Greater .....
c. Lesser....
d. Adjusted by its degree of nonsystematic risk
4. Define abnormal return...
a. Difference between expected return and requireed returb
b. return beyond that would be predicted from market movement alone
c. difference between the fair return and require rate of return
d. None of the above
5. Which of the following is most consistant with efficient market hypothesis?
a. Money Manager that outperform the market(on a risk adjusted basis) in 1 yr is likely to outperform in the following year
b. Stock price of companies that annouce increase earniongs in Jan is expected to outperform the market in Feb.