题目内容

Moon company paid cash dividends during the year. What is the most likely effect of this transaction on the statement of cash flows?

A cash outflow in cash flow from operations.
B. A cash outflow in cash flow from financing activities.
C. A cash outflow in cash flow from investing activities.

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A bond has a 10-year maturity, a $1,000 face value, and a 7% coupon rate. If the market requires a yield of 8% on the bond, it will most likely trade at a:

A. discount.
B. premium
C. Discount or premium,depending on its duration.

Ken Kawasaki, CFA shares a building with a number of other professionals who are also involved in the investment management business. Kawasaki makes arrangements with several of these professionals, i

A. No.
B. Yes,related to referral fees
C. Yes,related to communication with clients

The most direct disadvantage of investing in a callable security relative to an otherwise identical option-free security is:

A. Increased default risk.
B. Lower interest payments.
C. Decreased price appreciation potential.

Bryan Barrett, CFA has an investment advisory service providing advice on gold and other commodities to several large retail banks. Barrett advertises his services in widely read publications to broad

A. No.
B. Yes,related to Misrepresentation
C. Yes,related to Communication with Clients

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