题目内容

Which of followings are referred as assets'risk in aportfolio context?

A. diversifiable risk
B. systematic risk
C. market risk
D. standard risk

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which of followings are included in the characteristics of an informationally efficient market?

A. The value of an asset accurately reflects the future payment to which the asset gives title.
B. Price changes should be random and unpredictable.
C. Price changes cannot be predicted.
D. The value of an asset accurately reflects the historical value of the asset.

What criteria investments have to meet to be an efficient portfolio based on modern portfolio theory developed by Markowitz?

A. the lowest risk for an expected rate of return
B. the highest risk for an expected rate of return
C. the lowest expected rate of return for a given level of risk
D. the highest expected rate of return for a given level of risk

According to Fama's theory, informationally efficient markets can be divided into three forms, which are().

A. weak form
B. semi-weak form
C. semi-strong form
D. strong form

EMH suggests that no investor has an advantage in predicting a return on a stock price since no one has access to information not already available to everyone else.

A. 对
B. 错

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