题目 Relative to traditional investments, alternative investments are least likely to be characterized by: 选项 A.high levels of transparency. B.limited historical return data. C.significant [...]
题目 The privatization of an existing hospital is best described as: 选项 A.a greenfield investment. B.a brownfield investment. C.an economic infrastructure investment. 答案 B 解析 B is [...]
题目 A significant challenge to investing in timber is most likely its: 选项 A.high correlation with other asset classes. B.dependence on an international competitive context. C.return volatility [...]
题目 Compared with traditional investments, alternative investments are more likely to have: 选项 A.greater use of leverage. B.long-only positions in liquid assets. C.more transparent and [...]
题目 An analyst wanting to assess the downside risk of an alternative investment is least likely to use the investment’s: 选项 A.Sortino ratio. B.value at risk (VaR). C.standard deviation of [...]
题目 Which of the following is least likely to be considered an alternative investment? 选项 A.Real estate B.Commodities C.Long-only equity funds 答案 C 解析 C is correct. Long-only equity [...]
题目 Which of the following relates to a benefit when owning real estate directly? 选项 A.Taxes B.Capital requirements C.Portfolio concentration 答案 A 解析 A is correct. When owning real [...]
题目 Which is not true of mark-to-model valuations? 选项 A.Return volatility may be understated. B.Returns may be smooth and overstated. C.A calibrated model will produce a reliable liquidation [...]
题目 Angel investing capital is typically provided in which stage of financing? 选项 A.Later-stage. B.Formative-stage. C.Mezzanine-stage. 答案 B 解析 B is correct. Formative-stage financing [...]
题目 Which of the following statements about commodity investing is invalid? 选项 A.Few commodity investors trade actual physical commodities. B.Commodity producers and consumers both hedge and [...]