TEST BANK
Investments, 13th Edition
by Zvi Bodie, Alex Kane and Alan J. Marcus
SC
O
R
EG
U
ID
ES
, TABLE OF CONTENT
PART I: Introduction
Chapter 1: The Investment Environment
Chapter 2: Asset Classes and Financial Instruments
Chapter 3: How Securities Are Traded
Chapter 4: Mutual Funds and Other Investment Companies
PART II: Portfolio Theory and Practice
Chapter 5: Risk, Return, and the Historical Record
Chapter 6: Capital Allocation to Risky Assets
Chapter 7: Efficient Diversification
SC
Chapter 8: Index Models
PART III: Equilibrium in Capital Markets
Chapter 9: The Capital Asset Pricing Model
Chapter 10: Arbitrage Pricing Theory and Multifactor Models of Risk and Return
Chapter 11: The Efficient Market Hypothesis
O
Chapter 12: Behavioral Finance and Technical Analysis
Chapter 13: Empirical Evidence on Security Returns
R
PART IV: Fixed-Income Securities
Chapter 14: Bond Prices and Yields
Chapter 15: The Term Structure of Interest Rates
EG
Chapter 16: Managing Bond Portfolios
PART V: Security Analysis
Chapter 17: Macroeconomic and Industry Analysis
Chapter 18: Equity Valuation Models
Chapter 19: Financial Statement Analysis
PART VI: Options, Futures, and Other Derivatives
U
Chapter 20: Options Markets: Introduction
Chapter 21: Option Valuation
Chapter 22: Futures Markets
ID
Chapter 23: Futures, Swaps, and Risk Management
PART VII: Applied Portfolio Management
Chapter 24: Portfolio Performance Evaluation
Chapter 25: International Diversification
ES
Chapter 26: Alternative Assets
Chapter 27: The Theory of Active Portfolio Management
Chapter 28: Investment Policy and the Framework of the CFA Institute
,Investments 13e By Zvi Bodie, Alex Kane, Alan Marcus (Test Bank All
Chapters, 100% Original Verified, A+ Grade) Answers At The End Of
Each Chapter
Chapter 1:__________
1) The material wealth of a society is a function of:
A) all financial assets.
B) all real assets.
C) all financial and real assets.
D) all physical assets.
E) all physical and financial assets.
SC
2) _______ are real assets.
A) Land and mortgages
B) Machines and bonds
C) Stocks and bonds
O
D) Knowledge and stocks
E) Land, machines, and knowledge
R
3) The means by which individuals hold their claims on real assets in a well-developed
economy are:
EG
A) investment assets.
B) depository assets.
C) derivative assets.
D) financial assets.
E) exchange-driven assets.
U
4) _______ are financial assets.
ID
A) Bonds and land
B) Machines and derivatives
C) Stocks and intellectual property
D) Bonds and stocks
ES
E) Bonds, machines, and stocks
. 1
, 5) _________ financial asset(s).
A) Buildings are
B) Land is a
C) Derivatives and intellectual property are
D) U.S. agency bonds and buildings are
E) Derivatives and U.S. agency bonds are
SC
6) Financial assets:
A) directly contribute to the country's productive capacity.
B) indirectly contribute to the country's productive capacity.
C) contribute to the country's productive capacity, both directly and indirectly.
D) do not contribute to the country's productive capacity, either directly or indirectly.
O
E) are of no value to anyone.
R
7) In 2021, ____________ was the most significant real asset of U.S. households in terms of
total value.
A) consumer durables
EG
B) automobiles
C) real estate
D) mutual fund shares
E) bank loans
U
8) In 2021, _____________was the least significant financial asset of U.S. households in terms
of total value.
A) real estate
ID
B) mutual fund shares
C) debt securities
D) life insurance reserves
ES
E) pension reserves
. 2
Investments, 13th Edition
by Zvi Bodie, Alex Kane and Alan J. Marcus
SC
O
R
EG
U
ID
ES
, TABLE OF CONTENT
PART I: Introduction
Chapter 1: The Investment Environment
Chapter 2: Asset Classes and Financial Instruments
Chapter 3: How Securities Are Traded
Chapter 4: Mutual Funds and Other Investment Companies
PART II: Portfolio Theory and Practice
Chapter 5: Risk, Return, and the Historical Record
Chapter 6: Capital Allocation to Risky Assets
Chapter 7: Efficient Diversification
SC
Chapter 8: Index Models
PART III: Equilibrium in Capital Markets
Chapter 9: The Capital Asset Pricing Model
Chapter 10: Arbitrage Pricing Theory and Multifactor Models of Risk and Return
Chapter 11: The Efficient Market Hypothesis
O
Chapter 12: Behavioral Finance and Technical Analysis
Chapter 13: Empirical Evidence on Security Returns
R
PART IV: Fixed-Income Securities
Chapter 14: Bond Prices and Yields
Chapter 15: The Term Structure of Interest Rates
EG
Chapter 16: Managing Bond Portfolios
PART V: Security Analysis
Chapter 17: Macroeconomic and Industry Analysis
Chapter 18: Equity Valuation Models
Chapter 19: Financial Statement Analysis
PART VI: Options, Futures, and Other Derivatives
U
Chapter 20: Options Markets: Introduction
Chapter 21: Option Valuation
Chapter 22: Futures Markets
ID
Chapter 23: Futures, Swaps, and Risk Management
PART VII: Applied Portfolio Management
Chapter 24: Portfolio Performance Evaluation
Chapter 25: International Diversification
ES
Chapter 26: Alternative Assets
Chapter 27: The Theory of Active Portfolio Management
Chapter 28: Investment Policy and the Framework of the CFA Institute
,Investments 13e By Zvi Bodie, Alex Kane, Alan Marcus (Test Bank All
Chapters, 100% Original Verified, A+ Grade) Answers At The End Of
Each Chapter
Chapter 1:__________
1) The material wealth of a society is a function of:
A) all financial assets.
B) all real assets.
C) all financial and real assets.
D) all physical assets.
E) all physical and financial assets.
SC
2) _______ are real assets.
A) Land and mortgages
B) Machines and bonds
C) Stocks and bonds
O
D) Knowledge and stocks
E) Land, machines, and knowledge
R
3) The means by which individuals hold their claims on real assets in a well-developed
economy are:
EG
A) investment assets.
B) depository assets.
C) derivative assets.
D) financial assets.
E) exchange-driven assets.
U
4) _______ are financial assets.
ID
A) Bonds and land
B) Machines and derivatives
C) Stocks and intellectual property
D) Bonds and stocks
ES
E) Bonds, machines, and stocks
. 1
, 5) _________ financial asset(s).
A) Buildings are
B) Land is a
C) Derivatives and intellectual property are
D) U.S. agency bonds and buildings are
E) Derivatives and U.S. agency bonds are
SC
6) Financial assets:
A) directly contribute to the country's productive capacity.
B) indirectly contribute to the country's productive capacity.
C) contribute to the country's productive capacity, both directly and indirectly.
D) do not contribute to the country's productive capacity, either directly or indirectly.
O
E) are of no value to anyone.
R
7) In 2021, ____________ was the most significant real asset of U.S. households in terms of
total value.
A) consumer durables
EG
B) automobiles
C) real estate
D) mutual fund shares
E) bank loans
U
8) In 2021, _____________was the least significant financial asset of U.S. households in terms
of total value.
A) real estate
ID
B) mutual fund shares
C) debt securities
D) life insurance reserves
ES
E) pension reserves
. 2
