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NEW QUESTION: 1
Tamira Scott, CFA, manager of an index fund, needs to raise money soon (although not immediately) to pay taxes. Although she believes in the efficient market hypothesis (EMH), she remembers that there are a few anomalies she may take advantage of to earn higher returns. Which of the following actions is most unlikely to provide excess returns? Scott should purchase stocks in:
A. mid-December, with the intent to sell in early January.
B. companies not followed by analysts.
C. companies that announce stock splits.
D. companies with low price/earnings ratios and/or with high book to market ratios.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
According to event studies of the semi-strong form of the EMH, stock splits do not have a short run or long run impact on returns. This finding supports the EMH.
The other choices are considered anomalies. That is, they reject the semi-strong form of the EMH, and suggest that investors can earn excess returns by exploiting these anomalies. The January anomaly (from a time-series test of the semi-strong EMH) suggests that investors can earn excess returns by buying stocks in December and selling them in the first week of January, due to tax-induced trading at year-end.
Cross-sectional tests of the semi-strong form EMH have shown that low P/E stocks, stocks of firms neglected by analysts, and stocks of firms with high book to value ratios can produce superior returns.
NEW QUESTION: 2
Which AppSecure feature identifies applications that are present in traffic?
A. AppFW
B. AppQoS
C. AppIDB. AppTrack
Answer: C
NEW QUESTION: 3
SSL Error 38: The proxy denied access to
;10;STA5DB2A2950063;AAF3E3D7CDED5AA1476364F7BF0F5858 port 1494
http://192.35.53.116/scripts/ctxsta.dll STA5DB2A2950063
http://192.35.53.117/scripts/ctxsta.dll STA5DB2A2950063
A. Option C
B. Option D
C. Option B
D. Option A
Answer: D
NEW QUESTION: 4
マーケティング担当者は、モバイルデバイス用の電子メールを設計しています。
マーケティング担当者が使用する設計上のベストプラクティスはどれですか。 3つの答えを選んでください
A. ヒーローグラフィックスに画像ベースのテキストを使用します。
B. コンテンツを切り取って、メッセージがスクロールせずに見えるようにします。
C. コンテンツを1列に積み重ねます。
D. コピーをシンプルかつ直接にしてください。
E. 最も重要なコンテンツを上部に配置するデザイン。
Answer: C,D,E
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