以下哪個收益率最可能成為投資者對債券估價的因素（）。

A portfolio manager generated a rate of return of 15.5% on a portfolio with beta of 1.2.If the risk-free rate of return is 2.5% and the market return is 11.8%，Jensen’s alpha for the portfolio is closest to：（）

債券的買賣差價最直接受到什么影響（）。

根據(jù)以下即期匯率：那么，一年的遠期匯率在兩年后最接近（）。

A company that sells ice cream is evaluating an expansion of its production facilities to also produce frozen yogurt.A marketing study has concluded that producing frozen yogurt would increase the company’s ice cream sales because of an increase in brand awareness.What impact will the cash flows from the expected increase in ice cream sales most likely have on the NPV of the yogurt project？（）

價格連續(xù)性是市場運作良好的特征之一，它屬于以下哪個類別（）。

An analyst is developing net present value （NPV）profiles for two investment projects.The only difference between the two projects is that Project 1 is expected to receive larger cash flows early in the life of the project，while Project 2 is expected to receive larger cash flows late in the life of the project.The sensitivities of the projects’NPVs to changes in the discount rate is best described as：（）

對于一個基于結構性因素的市場來說，以下哪項能夠證明市場異常（）。

According to the Capital Asset Pricing Model （CAPM），the market portfolio（）

一家公司債券，應稅收益率為7%。稅級為30%，那么投資者的稅后收益率將會是（）。