题目内容

Foraholdingperiodofoneyeartheexpectedreturnonaconsolis_____thehigheristhepriceoftheconsoltoday,and_____thehigheristhepriceoftheconsolnextyear.

A. higher;higher
B. higher;lower
C. lower;higher
D. lower;lower

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Holdingtheexpectedreturnonbondsconstant,anincreaseintheexpectedreturnoncommonstockswould_____thedemandforbonds,shiftingthedemandcurvetothe_____.

A. decrease;left
B. decrease;right
C. increase;left
D. increase;right

Holdingtheexpectedreturnonbondsconstant,adecreaseintheexpectedreturnonstockswould_____thedemandforbonds,shiftingthedemandcurvetothe_____.

A. decrease;left
B. decrease;right
C. increase;left
D. increase;right

Asthepriceofabondfallsandtheexpectedreturn_____,bondsbecome_____attractivetoinvestors.

A. falls;less
B. falls;more
C. rises;less
D. rises;more

Asthepriceofabond_____andtheexpectedreturn_____,bondsbecomemoreattractivetoinvestorsandthequantitydemandedrises.

A. falls;rises
B. falls;falls
C. rises;rises
D. rises;falls

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