题目内容

An analyst is checking the information from his two clients William and Robert. William has been retired and is primarily concerned with achieving an investment return no less than the rate of inflati

A. Current income Capital appreciation
B. Capital preservation Total return
Capital preservation Capital appreciation

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Which classification of hedge funds is least likely to use a short position in stock as a part of its strategy?

A. Market-neutral funds
B. Distressed securities funds
C. Emerging-market funds

During a period of declining prices, a company using the LIFO inventory method instead of FIFO would most likely report:

A. Higher current assets and lower gross income
B. Higher current assets and higher gross income
C. Lower current assets and lower gross income

Which of the following will most likely have the least impact on a corporate bond rating?

A. The companys liquidity provision.
B. The companys debt burden provision.
C. The companys volume of gross revenue.

The short-run effects of unanticipated expansionary monetary policy are most likely to include:

A decrease in the real interest rate
B. A decrease in the inflation rate
C. A decrease in real output and employment

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