CQ6009CLC TEST 1.

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Thời gian làm bài: 40 phút (Không kể thời gian giao đề)
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Họ tên thí sinh: .................................................................
Số báo danh: ......................................................................
Nhóm 1: g1
Câu 1. Mr.A borrows from the bank VND 600 million with the interest rate of 12% compounded
yearly. The borrrowing contract lasts 5 years. Mr.A has to pay a fixed amount of money at the end of
each year (starting from today). The principal amount of money that Mr.A has to pay at the end of
year 2 is:
A. VND 102,66 million B. VND 104,55 million C. VND 105,78 million D. VND 103,65
million
Nhóm 2: g2
Câu 2. The agency problem will occur in a busisness if the goal of______is not in line with ____
A. Employees, managers B. Managers, the government
C. Managers, shareholders D. Shareholder, the public
Câu 3. Which form of business structure is most associated with agency problem?
A. Sole proprietorship B. Partnership
C. Limited liability company D. Corporation
Câu 4. Which one of the following is least likely to be an agency problem?
A. Increasing the size of a firm B. Closing a division with net losses
C. Increasing the market value of the firm’s share D. Obtaining a patent for a new product
Câu 5. Which one of the following terms is defined as a conflict of interest between corporate
shareholders and the corporate managers?
A. Corporate breakdown B. Agency problem
C. Legal liability D. Bylaws
Nhóm 3: g3
Câu 6. Which of the following questions are addressed by financial managers?
I. How should a product be marketed?
II. Should customers be given 30 or 45 days to pay for their credit purchases?
III. Should the firm borrow less money?
IV.Who should be recruited for the sales department?
V.Should the firm acquire new equipment?
A. II, III and V only B. I and IV only C. II and V only D. All of the above
Câu 7. Which one of the following is a capital budgeting decision?
A. Determining how many shares of stock to issue
B. Deciding whether or not to purchase a new machine for the production line
C. Determing how much inventory to keep on hand
D. Deciding how to refinance a debt issue that is maturing
Câu 8. Which one of the following terms is defined as the management of a firm’s long-term
investment?
A. Financial allocation B. Working capital management
C. Agency cost analysis D. Capital budgeting
Nhóm 4: g4
Câu 9. If two investments have the same expected returns:
A. The investment with lower variance has higher risk.
B. The investment with higher variance has lower risk.
C. The investment with higher standard deviation has higher risk.
D. The investment with higher standard deviation has lower risk.

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Câu 10. Which of the following statements is incorrect?
A. The expected return on investment is the mean value of its probability distribution of possible
returns.
B. When two investments have the different expected returns, we can use standard deviation to
compare the risk of those investments.
C. Coefficient of variation is the measure of the risk per unit of the expected return
D. Variance is calculated by the squared deviations from the expected return multiplied by its
probability
Câu 11. When two investments have the different expected returns:
A. The investment with higher standard deviation has higher risk.
B. The investment with higher standard deviation has lower risk.
C. The investment with higher coefficient of variation (CV) has higher risk
D. The investment with higher coefficient of variation (CV) has lower risk
Nhóm 5: g5
Câu 12. Which one of the following statements concerning a sole proprietorship is correct?
A. A sole proprietorship is designed to protect the personal asset of the owner
B. The owner of a sole proprietorship is personally responsible for all the company’s debts
C. The profits of a sole proprietorship are subject to double taxation
D. A sole proprietorship is structured the same as a limited liability company
Câu 13. Which one of the following forms of business organization is best suited to raising large
amounts of capital?
A. Sole proprietorship B. Limited liability company
C. Corporation D. General partnership
Câu 14. A business owned by the manager who has unlimited liability for its debt is called a:
A. Sole proprietorship B. Partnership
C. Limited liability company D. Corporation
Nhóm 6: g6
Câu 15. Which of the following risk can be reduced by diversification?
A. Market risk B. Systematic risk C. Unsystematic risk D. Interest rate risk
Nhóm 7: g7
Câu 16. Which one of the following best states the primary goal of financial management?
A. Maximize current dividends per share
B. Maximize the current value per share
C. Increase cashflow and avoid financial distress
D. Minimize operational costs while maximize firm efficiency
Nhóm 8: g8
Câu 17. Which one of the following is a primary market transaction?
A. Sale of existing outstanding stock by a dealer to an individual investor
B. Sale of a new share of stock to an individual investor
C. Stock ownership is transferred from one shareholder to another shareholder
D. Gift of stock from one shareholder to another shareholder
Câu 18. The new issue of shares takes place in:
A. The money market B. The capital market
C. The primary market D. The secondary market
Câu 19. A market for existing (used) securities, rather than new issues is known as the __________
market.
A. The money market B. The capital market
C. The primary market D. The secondary market
Nhóm 9: g9

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Câu 20. Short-term securities are traded in the:
A. Equity market B. Capital market
C. Money market D. Fixed-income market
Câu 21. The markets for long-term debt and equity are called:
A. Capital market B. Money market
C. Equity market D. Fixed-income market
Câu 22. Commercial paper is issued in:
A. Fixed-income market B. Capital market
C. Money market D. Equity market
Câu 23. A financial market is a market where ______are issued and traded
A. Tangible assets B. Assets C. Securities D. Money
Câu 24. Which of the following best describe the function of financial markets?
I. Bridge capital supply and demand
II. Transfer risk among market participants
III. Set up legal requirements for establishing companies
IV. Provide different payment methods
V. Sell and buy financial assets
A. I and II only B. I, II and V only C. I,II and IV only D. I, III and IV
only
Câu 25. Which of the following is not a function of financial markets and intermediaries?
A. Value maximization B. Risk transfer and diversification
C. The payment mechanism D. Transporting cash across time
Câu 26. Which one of the following financial decisions immediately changes the firm’s cost of capital?
A. Invest in a new potential project B. Employ more debt
C. Store more finished goods D. Increase dividend pay-out ratio
Nhóm 10: g10
Câu 27. Which statement of the following is incorrect?
I. Dividend policy is related to the distribution of profit before tax
II. A firm can choose between debt and equity to raise money
III. Working capital management is related to long-term investment in fixed asset
IV.A new share issue is carried out in the primary market
V. A firm needs to evaluate customer creditworthiness before granting them credit sales
A. I and III only B. I and IV only C. I, II and III only D. II and IV only
Nhóm 11: g11
Câu 28. A business created as a distinct legal entity and treated as a legal “person” is called a:
A. Corporation B. Sole proprietorship
C. Partnership D. Unlimited liability company
Nhóm 12: g12
Câu 29. The choice between debt and equity financing can be called as:
A. The capital structure decsion B. The capital budgeting decision
C. The working capital management D. The divididend decision
Nhóm 13: g13
Câu 30. Which of the following statement is correct about the corporation?
A. The owner of a corporation has unlimited liability for business debts
B. The corporation’s owner and business are not taxed seperately
C. A corporation can be public or private held
D. The manager is usually the owner of a corporation
Nhóm 14: g14
Câu 31. Which of the following are not financial institutions?

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 A. Commercial banks B. Insurance companies
C. Investment banks D. Technology companies
Nhóm 15: g15
Câu 32. Which one of the following is not a money market securities?
A. Treasury Bills B. National savings certificate
C. Certificate of deposit D. Commercial paper
Câu 33. Financial instruments with maturities of less than one year are traded in the:
A. Equity market B. Capital market
C. Money market D. Fixed-income market
Câu 34. A consultant has stated that a 30-year Treasury bond issued in the last year can be sold in
four different categories of market
(1) The money market
(2) The capital market
(3) The primary market
(4) The secondary market
Which of these markets are available for the sale?
A. 1 and 3 only B. 1 and 4 only C. 2 and 3 only D. 2 and 4 only
Nhóm 16: g16
Câu 35. The coefficients of variations is calculated by:
A. Standard deviation/Expected rate of return. B. Expected rate of return/ Standard
deviation
C. Variance/Expected rate of return D. Expected rate of return/Variance
Nhóm 17: g17
Câu 36. Which one of the following terms is defined as the mixture of a firm’s debt and equity
financing?
A. Cash management B. Cost analysis C. Capital structure D. Capital
budgeting
Câu 37. The financing decision is also called as:
A. The investment decision B. The capital structure decision
C. The working capital management D. The dividend decision
Nhóm 18: g18
Câu 38. The decision function of financial management can be broken down into________decisions.
A. Financing, investment and asset management
B. Capital budgeting, cash management and dividend
C. Financing, investment and dividend
D. Cash management, investment, dividend
Nhóm 19: g19
Câu 39. The firm’s investment decision is also called as the:
A. Financing decision B. Capital budgeting decision
C. Liquidity decision D. Dividend decision
Nhóm 20: g20
Câu 40. Which one of the following statements is correct?
A. A general partnership is legally the same as a corporation.
B. Both sole proprietorship and partnership income is taxed as individual income.
C. Partnerships are the most complicated type of business to form.
D. Only firms organized as sole proprietorships have limited lives.
Câu 41. A business owned by a solitary individual who has unlimited liability for its debt is called a:
A. corporation. B. sole proprietorship.
C. general partnership. D. limited liability company.

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Câu 42. Limited liability is main feature of:
A. Sole proprietorship B. Partnership
C. Corporation D. Non-governmental organization
Nhóm 21: g21
Calculate the Future value at the end of year 3 of following series of cashflows: 1000$ at the end of
year 1, 1500$ at the end of year 2; 1200$ at the end of year 3 with interest rate of 9% compounded
semianually. Effective annual rate (EAR) is closest to:
E. FV= 3700$; EAR = 9,2%
*F. FV= 4030$; EAR = 9,2%
G. FV= 3700$; EAR = 9%
H. FV= 4030$; EAR = 9%
Câu 43. Calculate the Future value at the end of year 3 of following series of cashflows: 1000$ at the
end of year 1, 1500$ at the end of year 2; 1200$ at the end of year 3 with interest rate of 8%
compounded semianually. Effective annual rate (EAR) is closest to:
A. FV= 3700$; EAR = 8,16% B. FV= 3992$; EAR = 8,16%
C. FV= 3700$; EAR = 8% D. FV= 3992$; EAR = 8%
Câu 44. Calculate the Future value at the end of year 3 of following series of cashflows: 1000$ at the
end of year 1, 1500$ at the end of year 2; 1200$ at the end of year 3 with interest rate of 7%
compounded semianually. Effective annual rate (EAR) is closest to:
A. FV= 3700$; EAR = 7,12% B. FV= 3954$; EAR = 7,12%
C. FV= 3700$; EAR = 7% D. FV= 3954$; EAR = 7%
Nhóm 22: g22
Câu 45. Firm X intends to pay VND 3000 per share next year. If Firm X continuously pays its
dividend with the constant growth rate of 6%, assuming discount rate at 12%, what is today price of
Firm X’s share?
A. VND 50.000 B. VND 55.000 C. VND 60.000 D. VND 65.000
Câu 46. Firm X intends to pay VND 4000 per share next year. If Firm X continuously pays its
dividend with the constant growth rate of 7%, assuming discount rate at 12%, what is today price of
Firm X’s share?
A. VND 80.000 B. VND 85.000 C. VND 60.000 D. VND 65.000
Câu 47. Firm X intends to pay VND 4000 per share next year. If Firm X continuously pays its
dividend with the constant growth rate of 10%, assuming discount rate at 12%, what is today price of
Firm X’s share?
A. VND 200.000 B. VND 250.000 C. VND 260.000 D. VND 265.000
Nhóm 23: g23
Câu 48. Calculate the present value of 5-year annuity due with annual payment of 1000$, assuming
interest rate is 10%
A. 4273 B. 4169 C. 4125 D. 4286
Câu 49. Calculate the present value of 6-year annuity due with annual payment of 1500$, assuming
interest rate is 10%
A. 7273 B. 7186 C. 7125 D. 7942
Câu 50. Calculate the present value of 4-year annuity due with annual payment of 1000$, assuming
interest rate is 12%
A. 3273 B. 3401 C. 3125 D. 3942
Nhóm 24: g24
Câu 51. ABC company is considering two proposals from suppliers to buy a machine. The supplier
requires VND 1500 million payments immediately after receiving the machine. The supplier also
allows ABC company to pay VND 200 million after receiving the machine and VND 250 million at the
end of each year in the next 8 years. What is the discount rate of the deferred payment method?
A. 10.7% B. 11.2% C. 12.4% D. 13.5%

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Câu 52. ABC company is considering two proposals from suppliers to buy a machine. The supplier
requires VND 1300 million payments immediately after receiving the machine. The supplier also
allows ABC company to pay VND 200 million after receiving the machine and VND 250 million at the
end of each year in the next 8 years. What is the discount rate of the deferred payment method?
A. 15.6% B. 14.2% C. 12.4% D. 13.5%
Câu 53. ABC company is considering two proposals from suppliers to buy a machine. The supplier
requires VND 1400 million payments immediately after receiving the machine. The supplier also
allows ABC company to pay VND 200 million after receiving the machine and VND 250 million at the
end of each year in the next 8 years. What is the discount rate of the deferred payment method?
A. 12.9% B. 14.2% C. 11.4% D. 13.5%
Nhóm 25: g25
Câu 54. How much money you have to deposit in the bank today if you want to get 6000$ after 5
years. Assuming that the stated annual rate at 10%, compounding semi-annually.
A. 3683 B. 3215 C. 3170 D. 3725
Câu 55. How much money you have to deposit in the bank today if you want to get 6000$ after 5
years. Assuming that the stated annual rate at 12%, compounding semi-annually.
A. 3350 B. 3815 C. 3170 D. 3625
Câu 56. How much money you have to deposit in the bank today if you want to get 8000$ after 5
years. Assuming that the stated annual rate at 10%, compounding semi-annually.
A. 4911 B. 4815 C. 4170 D. 4625
Nhóm 26: g26
Câu 57. Ms.Thuy deposits VND 200 million in a savings account at the annual rate of 10%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 500 million?
A. 9.6 years B. 11.5 years C. 7.4 years D. 8.2 years
Câu 58. Ms.Lan deposits VND 300 million in a savings account at the annual rate of 12%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 500 million?
A. 4.5 years B. 3.5 years C. 5.4 years D. 6.2 years
Câu 59. Ms.Nga deposits VND 200 million in a savings account at the annual rate of 12%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 400 million?
A. 6.1 years B. 5.5 years C. 3.4 years D. 4.2 years
Câu 60. Ms.A deposits VND 200 million in a savings account at the annual rate of 15%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 400 million?
A. 4.9 years B. 5.5 years C. 3.4 years D. 6.2 years
Câu 61. Ms.A deposits VND 100 million in a savings account at the annual rate of 15%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 400 million?
A. 9.9 years B. 8.5 years C. 7.4 years D. 8.2 years
Câu 62. Ms.A deposits VND 100 million in a savings account at the annual rate of 15%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 500 million?
A. 11.5 years B. 8.5 years C. 10.4 years D. 9.2 years
Câu 63. Ms.A deposits VND 200 million in a savings account at the annual rate of 15%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 500 million?
A. 6.5 years B. 8.5 years C. 7.4 years D. 9.2 years
Câu 64. Ms.A deposits VND 200 million in a savings account at the annual rate of 12%. The
bank calculates interest once a year. How long does it take for her money to grow to VND 500 million?
A. 8.0 years B. 9.5 years C. 7.4 years D. 9.2 years
Nhóm 27: g27
Câu 65. A stock has an expected return of 15%, the risk free rate is 7% and the market risk premium
is 10%, the beta of this stock is:
A. 0.8 B. 8% C. 0.75 D. 5%
Câu 66. A stock has an expected return of 12%, the risk free rate is 7% and the market risk premium
is 10%, the beta of this stock is:

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 A. 0.5 B. 3% C. 0.75 D. 5%
Câu 67. A firm with beta value of.……….has a required rate of return of 18% if the risk free rate is
10% and the market risk premium is 5%
A. 1,6 B. 1,5 C. -1,6 D. -1,5
Câu 68. A stock has an expected return of 12%, the risk free rate is 7% and the market risk premium
is 10%, the beta of this stock is:
A. 0.5 B. 3% C. 0.75 D. 5%
Câu 69. A firm with beta value of.……….has a required rate of return of 18% if the risk free rate is
10% and the market risk premium is 5%
A. 1,6 B. 1,5 C. -1,6 D. -1,5
Nhóm 28: g28
Câu 70. Yield on bond is 8% and market required return is 16% then the market risk premium
would be:
A. 2% B. 24% C. 0,5% D. 8%
Câu 71. Yield on bond is 5% and market required return is 16% then the market risk premium
would be:
A. 16% B. 21% C. 3,125% D. 11%
Câu 72. Yield on bond is 8% and market required return is 16% then the market risk premium
would be:
A. 2% B. 24% C. 0,5% D. 8%
Nhóm 29: g29
Câu 73. 1. ABC Company is considering two offers from a manufacturer for a new processing
machine. The supplier requires VND 2,000 million payment immediately after receiving the new
machine. The supplier also allows ABC Company to pay VND 1,800 million after receiving the
machine and 21 million VND at the end of each month in the next 10 months. What is the effective
annual rate of the deferred payment method?
A. 11.3% B. 13.3% C. 15.3% D. 17.3%
Câu 74. 2. ABC Company is considering two offers from a manufacturer for a new processing
machine. The supplier requires VND 1,900 million payment immediately after receiving the new
machine. The supplier also allows ABC Company to pay VND 1,800 million after receiving the
machine and 11 million VND at the end of each month in the next 10 months. What is the effective
annual rate of the deferred payment method?
A. 21.4% B. 23.4% C. 25.4% D. 27.4%
Câu 75. 3. ABC Company is considering two offers from a manufacturer for a new processing
machine. The supplier requires VND 1,500 million payment immediately after receiving the new
machine. The supplier also allows ABC Company to pay VND 1,400 million after receiving the
machine and 12 million VND at the end of each month in the next 9 months. What is the effective
annual rate of the deferred payment method?
A. 17.5% B. 20.5% C. 23.5% D. 25.5%
Nhóm 30: g30
Câu 76. Your portfolio includes 2000$ in stock A, 3000$ in stock B, 2000$ in stock C. The beta of these
four stock are 1.8; 0.6; 1.2 respectively. The portfolio beta is:
A. 1.1 B. 1.5 C. 1.9 D. 0.9
Câu 77. Your portfolio includes 2000$ in stock A, 3000$ in stock B, 2000$ in stock C. The beta of these
four stock are 1.1; 0.6; 1.2 respectively. The portfolio beta is:
A. 0.9 B. 1.1 C. 1.3 D. 1.2
Câu 78. Your portfolio includes 4000$ in stock A, 3000$ in stock B, 2000$ in stock C. The beta of these
four stock are 1.8; 0.6; 1.2 respectively. The portfolio beta is:
A. 1.3 B. 1.0 C. 0.9 D. 1.2
Câu 79. Your portfolio includes 5000$ in stock A, 2000$ in stock B, 3000$ in stock C. The beta of these
four stock are 1.8; 0.6; 1.3 respectively. The portfolio beta is:

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 A. 1.4 B. 1.1 C. 1.3 D. 1.2
Câu 80. Your portfolio includes 5000$ in stock A, 2000$ in stock B, 3000$ in stock C. The beta of these
four stock are 1.1; 0.6; 1.8 respectively. The portfolio beta is:
A. 1.03 B. 1.12 C. 1.35 D. 1.46
Nhóm 31: g31
Câu 81. Suppose you invest VND 400 million in stock A, VND 300 million in stock B, VND 300 million
in stock C. If the betas of stock A, stock B, stock C are 0.6; 0.8; 1.4 respectively. The risk-free rate is
8%, the expected return on the market portfolio is 12%. What is the expected return of your
portfolio?
A. 11.6% B. 11.7% C. 11.8% D. 11.9%
Câu 82. Suppose you invest VND 500 million in stock A, VND 200 million in stock B, VND 300 million
in stock C. If the betas of stock A, stock B, stock C are 1.2; 0.8; 1.4 respectively. The risk-free rate is
8%, the expected return on the market portfolio is 12%. What is the expected return of your
portfolio?
A. 12.72% B. 12.82% C. 12.62% D. 12.92%
Câu 83. Suppose you invest VND 300 million in stock A, VND 500 million in stock B, VND 200 million
in stock C. If the betas of stock A, stock B, stock C are 1.2; 0.8; 1.4 respectively. The risk-free rate is
8%, the expected return on the market portfolio is 12%. What is the expected return of your
portfolio?
A. 12.16% B. 12.26% C. 12.36% D. 12.46%
Câu 84. Suppose you invest VND 600 million in stock A, VND 300 million in stock B, VND 300 million
in stock C. If the betas of stock A, stock B, stock C are 0.6; 0.8; 1.4 respectively. The risk-free rate is
8%, the expected return on the market portfolio is 12%. What is the expected return of your
portfolio?
A. 11.4% B. 11.5% C. 11.6% D. 11.7%
Nhóm 32: g32
20. Suppose we
have following
information:
Event Probability Return

Stock A Stock B
Boom 0.2 20% 18%
Normal 0.3 15% 12%
Recession 0.5 5% -2%
Calculate the
covariance
between stock A
and stock B

*E. 0.528%
F. 0.628%
G. 0.728%
H. 0.828%
20. Suppose we have
following information:
Event Probability Return

Stock A Stock B

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 Boom 0.2 25% 18%
Normal 0.3 15% 12%
Recession 0.5 5% -2%
Calculate the
covariance between
stock A and stock B

A.0.55%
*B.0.65%
C.0.75%
D.0.85%
20. Suppose we have
following information:
Event Probability Return

Stock A Stock B
Boom 0.2 21% 18%
Normal 0.3 15% 12%
Recession 0.5 5% -2%
Calculate the
covariance between
stock A and stock B

A.0.85%
B.0.65%
C.0.75%
*D.0.55%
Nhóm 33: g33
Câu 85. Suppose we have following information:
Event Probability Expected return

Stock A Stock B
Boom 0.2 20% 18%
Normal 0.3 15% 12%
Recession 0.5 5% -2%

Mr. Huy decides to invest VND 100 million in stock A and VND 300 million in stock B. Calculate the
standard deviation of Mr.Huy’s portfolio
A. 0.079 B. 0.089 C. 0.069 D. 0.099
Câu 86. Suppose we have following information:
Event Probability Expected return

Stock A Stock B
Boom 0.2 20% 18%
Normal 0.3 15% 12%
Recession 0.5 5% -2%

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Mr. Huy decides to invest VND 100 million in stock A and VND 300 million in stock B. Calculate the
standard deviation of Mr.Huy’s portfolio
A. 0.06 B. 0.07 C. 0.08 D. 0.09
Câu 87. Suppose we have following information:
Event Probability Expected return

Stock A Stock B
Boom 0.2 20% 18%
Normal 0.3 15% 12%
Recession 0.5 5% -2%

Mr. Huy decides to invest VND 500 million in stock A and VND 200 million in stock B. Calculate the
standard deviation of Mr.Huy’s portfolio
A. 0.079 B. 0.089 C. 0.069 D. 0.099
Nhóm 34: g34
Câu 88. Suppose a stock had an ending share price of VND 25,000, paid a dividend of VND 3,000 per
share and had an initial price of VND 22,000. The percentage of total return is:
A. 24.24% B. 25.25% C. 26.26% D. 27.27%
Câu 89. Suppose a stock had an ending share price of VND 25,000, paid a dividend of VND 5,000 per
share and had an initial price of VND 22,000. The percentage of total return is:
A. 34.34% B. 35.35% C. 36.36% D. 37.37%
Câu 90. Suppose a stock had an ending share price of VND 25,000, paid a dividend of VND 6,000 per
share and had an initial price of VND 22,000. The percentage of total return is:
A. 20.91% B. 30.91% C. 40.91% D. 50.91%
Câu 91. Suppose a stock had an ending share price of VND 25,000, paid a dividend of VND 8,000 per
share and had an initial price of VND 22,000. The percentage of total return is:
A. 30% B. 40% C. 50% D. 60%
Nhóm 35: g35
Câu 92. Given the following information, determine which asset should be invested in?
Asset X Y Z
Expected return 10% 8% 16%
Standard deviation 14% 12% 20%
A. Asset X B. Asset Y
C. Asset Z D. Not enough information is given
Nhóm 36: g36
Câu 93. The common stock X has a beta of 1.5 and an expected return of 15%. The risk – free rate of
return is 6.2%. What is the expected market risk premium?
A. 5.82% B. 5.87% C. 5.89% D. 5.80%
Câu 94. The common stock X has a beta of 1.5 and an expected return of 15%. The risk – free rate of
return is 6.8%. What is the expected market risk premium?
A. 5.40% B. 5.42% C. 5.47% D. 5.49%
Câu 95. The common stock X has a beta of 1.5 and an expected return of 15%. The risk – free rate of
return is 8.2%. What is the expected market risk premium?
A. 4.51% B. 4.50% C. 4.52% D. 4.53%
Nhóm 37: g37
Câu 96. The expected return on stock Z is 16% while the expected return on the market is 15%. The
stock’s beta is 1.3. What is the risk – free rate of return?
A. 11.62% B. 11.63% C. 11.67% D. 11.69%

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Câu 97. The expected return on stock Z is 16% while the expected return on the market is 15%. The
stock’s beta is 1.5. What is the risk – free rate of return?
A. 11% B. 12% C. 13% D. 14%
Câu 98. The expected return on stock Z is 16% while the expected return on the market is 15%. The
stock’s beta is 1.1. What is the risk – free rate of return?
A. 5% B. 6% C. 7% D. 8%
Nhóm 38: g38
Câu 99. Mr. Nam decides to invest VND 260 million in security A and VND 140 million in security B.
Security A has expected return of 14% and standard deviation of 3.5%. Security B has expected
return of 22% and standard deviation of 11.5%. The correlation between the return on security A and
B is 0.4. Calculate the standard deviation of Mr.Nam’s portfolio
A. 0.054 B. 0.064 C. 0.074 D. 0.084
Câu 100. Mr. Nam decides to invest VND 200 million in security A and VND 140 million in security B.
Security A has expected return of 14% and standard deviation of 3.5%. Security B has expected
return of 22% and standard deviation of 11.5%. The correlation between the return on security A and
B is 0.4. Calculate the standard deviation of Mr.Nam’s portfolio
A. 0.029 B. 0.039 C. 0.059 D. 0.049
Câu 101. Mr. Nam decides to invest VND 200 million in security A and VND 400 million in security B.
Security A has expected return of 14% and standard deviation of 3.5%. Security B has expected
return of 22% and standard deviation of 11.5%. The correlation between the return on security A and
B is 0.4. Calculate the standard deviation of Mr.Nam’s portfolio
A. 0.052 B. 0.062 C. 0.072 D. 0.082
Nhóm 39: g39
Câu 102. You have a portfolio which consists of 30% in stock A, x% in stock B and y% in stock C.
The portfolio has an expected return of 12.5%. Stock A has an expected return of 15%, stock B is
expected to return 13% and stock C’s expected return is 9%. Find the value of x.
A. 40.5% B. 42.5% C. 44.5% D. 46.5%
Câu 103. You have a portfolio which consists of 25% in stock A, x% in stock B and y% in stock C.
The portfolio has an expected return of 12.5%. Stock A has an expected return of 15%, stock B is
expected to return 13% and stock C’s expected return is 9%. Find the value of x.
A. 50% B. 55% C. 60% D. 65%
Câu 104. You have a portfolio which consists of 40% in stock A, x% in stock B and y% in stock C.
The portfolio has an expected return of 12.5%. Stock A has an expected return of 15%, stock B is
expected to return 13% and stock C’s expected return is 9%. Find the value of x.
A. 26.5% B. 27.5% C. 28.5% D. 29.5%
Câu 105. You have a portfolio which consists of 20% in stock A, x% in stock B and y% in stock C.
The portfolio has an expected return of 12.5%. Stock A has an expected return of 15%, stock B is
expected to return 13% and stock C’s expected return is 9%. Find the value of x.
A. 52.5% B. 53.5% C. 54.5% D. 57.5%
Nhóm 40: g40
Câu 106. Which of the following accounts are included in working capital management?
I. Accounts payable
II. Accounts receivable
III. Fixed assets
IV. Inventory
A. I and II only B. II and IV only C. I, II and III only D. I, II and IV only
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