题目 Consider the following multi-factor (APT) model of security returns for a particular stock, along with actual-versus-expected rates of change in the three macro [...]
题目 Suppose that there are two independent economic factors, F1 and F2. The risk-free rate is 1.0%, and all stocks have independent firm-specific components with a standard deviation of 25%. The [...]
题目 Assume two portfolios, (A) and (B), are each well-diversified and the economy has only one factor. The expected return of portfolio (A) is 8.0% and its beta is 1.30. The expected return of [...]
题目 Which of the following statements regarding the role of the firm’s audit committee is most accurate? 选项 A.The audit committee is meant to work dependently with management. B.The audit [...]
题目 Which of the following is TRUE about the bank's audit function? 选项 A.Internal audit is necessary because it is virtually impossible to rate (i.e., assign ratings to) the risk management [...]
题目 「huixue_img/importSubject/1564170575012827136.png」Please note: Two industry classifications: expected excess return is 8.0% for the chemical industry and 6.0% for all other industries. The [...]
题目 Assume the following information for stocks A and B.Expected return on Stock A = 18%Expected return on Stock B = 23%Correlation between returns of Stock A and Stock B = 0.10Standard deviation [...]
题目 Risk management requires interdependence among the function units with a firm. We can refer to four groups: senior management, business line, risk management, and finance and operations. Which [...]
题目 John Diamond is evaluating the existing risk management system of Rome Asset Management and identified the following two risks. I Rome Asset Management's derivative pricing model consistently [...]
题目 A key but new (recent) mechanism for risk governance is the risk advisory director. Which of the following BEST summarizes the function of a risk advisor director? 选项 A.To ensure the [...]
