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NEW QUESTION: 1
Allison Coleman, CFA, owns a bond portfolio that includes Bond X, a callable bond with ten years to maturity that is callable at any time beginning one year from today. Coleman's portfolio also includes Bond Y, a noncallable security with ten years to maturity that carries the same credit rating as Bond X Coleman expects interest rates to drift steadily lower over the next few years. Based on this assumption, Coleman should expect that:
A. Bond X will benefit from positive convexity as rates decline.
B. Bond Y will experience a larger decrease in value than Bond X.
C. the option embedded in Bond X will increase in value.
Answer: C
NEW QUESTION: 2
물가 상승이 재무 비율 분석에 미치는 영향에 대해 다음 중 어느 것이 사실입니까?
A. 인플레이션은 대차 대조표 계정에서 계산 된 비율에만 영향을 미칩니다.
B. 인플레이션은 한 엔터티 초과 근무에 대한 재무 비율 분석 및 연령대가 다른 엔터티의 비교 분석에 영향을 줍니다.
C. 인플레이션은 연령에 따라 다른 엔터티의 비교 분석에 영향을 주지만 시간이 지남에 따라 한 엔터티의 재무 비율 분석에는 영향을 미치지 않습니다.
D. 인플레이션은 시간이 지남에 따라 한 기업의 재무 비율 분석에 영향을 주지만 연령대가 다른 기업의 비교 분석에는 영향을 미치지 않습니다.
Answer: B
Explanation:
Inflation has considerable impact on financial ratio analysis. This impact distorts both analysis of a single entity overtime and comparative analysis of different aged entities. During the year ended December 31. an entity had US $500,000 in sales revenue and purchased US $150,000 of inventory. The cost of goods sold was US $250,000 for the year. and the entity incurred US $ 25.000 of general and administrative expenses. The January 1 opening balance sheet was as follows:
The cost of long-term debt financing is 10% per annum, payable in one installment on December 31 of each year. The entity has a 50% tax rate. The entity has a dividend payout ratio of 25%. The fixed assets were 1-year old at the start of the current year. Were originally estimated to have a 6-year useful life. and are being depreciated on the straight-line basis.
NEW QUESTION: 3
You work as an Office Assistant for TechWorld Inc. You use Microsoft Word 2007 for creating documents. You have recently created a document for the sales of your company. You need to set a password for opening the document. You open the Save As dialog box and click the Tools button to display a menu. Mark the menu item on which you will click to set a password for the document.
Answer:
Explanation:
NEW QUESTION: 4
An IP Office CCR administrator examines a CCR agent's user profile in Manager. The administrator discovers that on the user's Telephony tab the "Forced Login" checked box is grayed out. What does this mean?
A. All of the CCR licenses are being used.
B. The CCR Agent is not a CCR administrator.
C. The CCR Agent is in After Call Work (ACW).
D. The CCR Agent is checked on the user's telephony tab.
E. The CCR Agent is not logged into the telephone.
Answer: D
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