With respect to the security market line (SML), an increase in the business risk of the stock-is-suing company would most likely result in which of the following changes
A: An upward shift in the SML
B: A downward shift in the SML
C: Movement upward along the SML
A: An upward shift in the SML
B: A downward shift in the SML
C: Movement upward along the SML
举一反三
- A movement upward along an upward sloping Engel curve corresponds to A: upward sloping indifference curves. B: crossing indifference curves. C: a rotation in the budget constraint. D: a parallel shift in the budget constraint.
- Assume there are only two airlines, Air China and Hainan Airlines, which fly directly from Beijing to Hainan. What would happen in the market demand for Air China if Hainan Airlines went out of business? A: The market demand curve would shift to the right. B: The market demand curve would shift to the left. C: There would be a movement to the right along the initial market demand curve. D: There would be a movement to the left along the initial market demand curve.
- Assuming all other factors remain unchanged, which of the following would most likely lead to a decrease in the market P/E ratio（） A: A rise in the stock risk premium. B: A decline in the risk-free rate. C: An increase in the dividend payout ratio.
- 使用SAX解析SML文件，无需将文档读入内存。
- 常与TMP合用的 ( ) A: SD B: SML C: SMZ D: SA