题目内容

表现说的主要不足在于 ()

A. 不注重形成艺术品所必需的形式技巧
B. 无视主体的情感
C. 回避艺术与现实的联系
D. 没有突出艺术的政治教化作用

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Which of the following is/are usually seen as forms of market failure where regulation may

A. 1 only
B. 1 and 2 only
C. 2 and 3 only
D. 1, 2 and 3

A company has just paid an ordinary share dividend of 32·0 cents and is expected to pay a

A. $3·20
B. $4·41
C. $2·59
D. $4·20

Which of the following statements is correct?

A. Governments may choose to raise interest rates so that the level of general expenditure in the economy will increase
B. The normal yield curve slopes upward to reflect increasing compensation to investors for being unable to use their cash now
C. The yield on long-term loan notes is lower than the yield on short-term loan notes because long-term debt is less risky for a company than short-term debt
D. Expectations theory states that future interest rates reflect expectations of future inflation rate movements

The following are extracts from the statement of financial position of a company:
The ordinary shares have a nominal value of 50 cents per share and are trading at $5·00 per share. The preference shares have a nominal value of $1·00 per share and are trading at 80 cents per share. The bonds have a nominal value of $100 and are trading at $105 per bond.
What is the market value based gearing of the company, defined as prior charge capital/equity?

A. 15·0%
B. 13·0%
C. 11·8%
D. 7·3%

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