"Alternative Investments":Introduction to Alternative Investments

下載正保會(huì)計(jì)網(wǎng)校APP 訂閱最新報(bào)考消息

來源: 正保會(huì)計(jì)網(wǎng)校編輯：小鞠橘桔 2020/09/17 09:28:03　字體：大小

學(xué)習(xí)是一個(gè)不斷積累的過程，每天學(xué)習(xí)一點(diǎn)，每天進(jìn)步一點(diǎn)！為了幫助大家更高效地備考2021年CFA考試，正保會(huì)計(jì)網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢(mèng)想成真！

Questions 1:

An alternative investments fund that uses leverage and takes long and short positions in securities is most likely a:

A、 leveraged buyout fund.

B 、hedge fund.

C 、venture capital fund

Questions 2:

If the level of broad inflation indexes is largely determined by commodity prices, the average real yield on direct commodity investments is most likely:

A 、less than zero.

B 、equal to zero.

C、 greater than zero

View answer resolution

【Answer to question 1】B

【analysis】

B is correct. Hedge funds invest in securities and may take long and short positions. They may also use leverage.

A is incorrect. Leveraged buyout funds make equity investments in established companies

C is incorrect. Venture capital funds provide capital to start-up firms with high growth potential

【Answer to question 2】B

【analysis】

B is correct. As the price increases of commodities are mirrored in higher price indexes, the nominal return is equal to inflation and thus the real return is zero.

A is incorrect. A negative real return implies inflation greater than nominal return. This is not the case if commodity price increases determine inflation.

C is incorrect. A positive real return implies inflation less than nominal return. This is not the case if commodity price increases determine inflation.

成功=時(shí)間+方法，自制力是這個(gè)等式的保障。世上無(wú)天才，高手都是來自刻苦的練習(xí)。而人們經(jīng)常只看到“牛人”閃耀的成績(jī)，其成績(jī)背后無(wú)比寂寞的勤奮。小編相信，每天都在勤奮練習(xí)，即使是一點(diǎn)點(diǎn)的進(jìn)步，大家一定可以成為人人稱贊的“牛人”。

上一篇："Alternative Investments":Introduction t...

下一篇："Alternative Investments":Introduction