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Religion in South America

In:

Submitted By trfinn
Words 1246
Pages 5
C. T. Bauer College of Business
University of Houston
Investment Management

FINA4320
Rui Liu

Full Name: Rogan Finn
ID: 1174652

Homework 1 (Due on 07/15/2015)

Please submit a copy of your work to hwsubfina4320@gmail.com by 8pm of the due day.

Answers to Question 1
Write down your answers to Question 1 in the following table

1

2

3

4

D

A

D

6

7

8

D

D

C

C

C

11

12

13

14

15

C

B

B

D

B

16

17

18

19

20

D

D

D

B

B

D

9

5
A

10

Question 1 (60 points):
1. Real assets in the economy include all but which one of the following?
A. Land
B. Buildings
C. Consumer durables
D. Common stock
2. ____ is not a derivative security.
A. A share of common stock
B. A call option
C. A futures contract
D. All of the above are derivative securities.
3. Active trading in markets and competition among securities analysts helps ensure that
__________.
I. security prices approach informational efficiency
II. riskier securities are priced to offer higher potential returns
III. investors are unlikely to be able to consistently find under- or overvalued securities
A. I only
B. I and II only
C. II and III only
D. I, II and III
4. The material wealth of society is determined by the economy's _________, which is a function of the economy's _________.
A. investment bankers, financial assets
B. investment bankers, real assets
C. productive capacity, financial assets
D. productive capacity, real assets
5. Asset allocation refers to the _________.
A. allocation of the investment portfolio across broad asset classes
B. analysis of the value of securities
C. choice of specific assets within each asset class
D. none of the answers define asset allocation

6. An investor in a T-bill earns interest by _________.
A. receiving interest payments every

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