Venture capital investments used to provide capital for companies initiating commercial manufacturing and sales are most likely to be considered a forma of :
A. first-stage financing
B. Mezzanine financing
C. second-stage financing
查看答案
Karen Wilson, CFA, supervises eight junior analysts at Spartan Financial Services. Karen suspects that one of the analysts is violating Spartans personal investing policy. According to the Standards o
A. Initiate an investigation.
B. Notify her supervisor of the analysts suspected misconduct.
C. Require the analyst to liquidate and close all personal accounts.
Gabrielle Gabber CFA has been accused of professional misconduct by one of her competitors. The allegations concern Gabbers personal bankruptcy filing when she was a college student ten years ago and
A. No
B. Yes,related to Misconduct
C. Yes,related to Misrepresentation
The concept that forward rates reflect investors expectations of future rates plus a liquidity premium to compensate them for exposure to interest rate risk is associated with which of the following e
A. Liquidity premium theory.
B. Segmented market theory.
C. Expectations hypothesis.
Which of the following statements about Net Present Value (NPV) and Internal Rate of Return (IRR) is least accurate?
A. The NPV method assumes that all cash flows are reinvested at the cost of capital.
B. For independent projects if the IRR is the cost of capital accept the project.
C. For mutually exclusive projects you should use the IRR to rank and select projects.