返回
1) in the one-period valuation model, the current stock price

1) in the one-period valuation model, the current stock price

ID：11108691

大小：108.50 KB

页数：8页

时间：2018-07-10

1) in the one-period valuation model, the current stock price_第1页
1) in the one-period valuation model, the current stock price_第2页
1) in the one-period valuation model, the current stock price_第3页
1) in the one-period valuation model, the current stock price_第4页
1) in the one-period valuation model, the current stock price_第5页
资源描述：

《1) in the one-period valuation model, the current stock price》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、Exam2–MoneyandBankingFall2008–CutlerMULTIPLE-CHOICE(eachquestionisworth1point)Please,answereachofthebelowquestionsbyincludingthechosenletteranswerinthetableattheendoftheexam.1)Intheone-periodvaluationmodel,thecurrentstockpriceincreasesifA)theexpectedsales

2、priceincreases.B)theexpectedsalespricefalls.C)therequiredreturnincreases.D)dividendsarecut.Answer:A2)Usingtheone-periodvaluationmodel,assumingayear-enddividendof$1.00,anexpectedsalespriceof$100,andarequiredrateofreturnof5%,thecurrentpriceofthestockwouldbe

3、A)$110.00.B)$101.00.C)$100.00.D)$96.19.Answer:D3)Inthegeneralizeddividendmodel,iftheexpectedsalespriceisinthedistantfutureA)itdoesnotaffectthestockprice.B)itismoreimportantthandividendsindeterminingastock'sprice.C)itisequallyimportantwithdividendsindeterm

4、iningthestock'sprice.D)itislessimportantthandividendsbutstillaffectsastock'sprice.Answer:A4)IntheGordongrowthmodel,adecreaseintherequiredrateofreturnA)increasesthecurrentstockprice.B)increasesthefuturestockprice.C)reducesthefuturestockprice.D)reducesthecu

5、rrentstockprice.Answer:AQuesStatus:Revised5)UsingtheGordongrowthformula,ifD1is$2.00,keis12%or0.12,andgis10%or0.10,thenthecurrentstockpriceisA)$20.B)$50.C)$100.D)$150.Answer:C6)Everythingelseheldconstant,anincreaseinuncertaintyduetothreatofwarwillA)increas

6、estockpricesduetoahigherrequiredreturn.B)depressstockpricesduetoalowerrequiredreturn.C)increasestockpricesduetoalowerrequiredreturn.D)depressstockpricesduetoahigherrequiredreturn.Answer:D7)Ifmarketparticipantsnoticethatavariablebehavesdifferentlynowthanin

7、thepast,then,accordingtorationalexpectationstheory,wecanexpectmarketparticipantstoA)changethewaytheyformexpectationsaboutfuturevaluesofthevariable.B)begintomakesystematicmistakes.C)nolongerpaycloseattentiontomovementsinthisvariable.D)giveuptryingtoforecas

8、tthisvariable.Answer:AQuesStatus:PreviousEdition8)Accordingtorationalexpectations,A)expectationsofinflationareviewedasbeinganaverageofpastinflationrates.B)expectationsofinflationareviewedasbeinganaverageofexpectedfu

当前文档最多预览五页，下载文档查看全文

此文档下载收益归作者所有

当前文档最多预览五页，下载文档查看全文
温馨提示：
1. 部分包含数学公式或PPT动画的文件，查看预览时可能会显示错乱或异常，文件下载后无此问题，请放心下载。
2. 本文档由用户上传，版权归属用户，天天文库负责整理代发布。如果您对本文档版权有争议请及时联系客服。
3. 下载前请仔细阅读文档内容，确认文档内容符合您的需求后进行下载，若出现内容与标题不符可向本站投诉处理。
4. 下载文档时可能由于网络波动等原因无法下载或下载错误，付费完成后未能成功下载的用户请联系客服处理。