Your broker Luke works for a major bank that is working on the merger between ABC Inc. and XYZ Corp. The news is going to be released to the public next week. If you decide to buy some stocks now and split the profits with Luke, your actions should be categorized as
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Your broker Luke works for a major bank that is working on the merger between ABC Inc. and XYZ Corp. The news is going to be released to the public next week. If you decide to buy some stocks now and split the profits with Luke, your actions should be categorized as ______.
Question 27 options:
- A)
It is not possible to tell from the information given
- B)
ethical but illegal
- C)
unethical but legal
- D)
unethical and illegal
- E)
ethical and legal
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- A friend of yours owns a company that is about to get a large government contract. He tells you this inside information about the contract and also mentions that it should make the company's stock price increase dramatically. If you invest based on this inside information, then you are implicitly saying that stock markets are inefficient in which context? Question 5 options: weak form efficient market theory semi-strong form efficient market theory strong form efficient market theoryJill Davis tells her broker that she does not want to sell her stocks that are below the price she paid for them. She believes that if she just holds on to them a little longer they will recover, at which time she will sell them. Which behavioral characteristic is the basis for Davis’s decision making?a. Loss aversion.b. Conservatism.c. Representativeness.What happens if you sell short calls and they become deep in-the-money? A. You risk being assigned to buy the stock. B. Your broker may tell you to immediately cover your short calls. C. You risk assignment any time your short calls are deep in-the-money prior to expiration. D. You can just buy an equal number of puts to cover your short calls.
- As an investor, based on your goals and investment objectives you create an investment plan. You choose your stockbroker that suits your needs, but when it is time to actually buy or sell securities in the securities market, it is important to understand how your transactions will be executed. Based on your expectations regarding a specific transaction you have the option to select from three different order types: market order, limit order, or a stop-loss order. Cho is an experienced investor who enjoys researching and investing in individual stocks that appear promising. On August 12 she is reviewing the trading information for a new smart-phone company MobileRover, presented in the following table. Stock Information for MobileRover Trade Time: 12:21 PM EDT Last Trade: 263.88 Open: 256.69 Prev Close: 255.00 Day’s Range: 253.98–267.49 Change: +8.88 (0.03) She would like to buy 100 shares of stock at some point during the day if the price falls…Yinzhou is an investment adviser of CBMC Fresno Inc., and one of his client intends to invest in a stock that plots below the security market line (SML). What would be the appropriate recommendation? O Invest; The expected return is high relative to the risk. O Don't invest; The risk is high relative to the expected return. O Invest; All stocks revert to the SML over time. O Don't invest; All stocks below the SML are low-growth stocks.You own Honeywell stock, and are worried that its price will fall. You are considering "insuring" yourself against this possibility. How can your provide such protection? (Choose the best answer below.) A. To protect against Honeywell's stock price dropping, you can buy a put with Honeywell as the underlying asset. B. To protect against Honeywell's stock price dropping, you can sell a call with Honeywell as the underlying asset. C. To protect against Honeywell's stock price dropping, you can buy a call with Honeywell as the underlying asset. D. To protect against Honeywell's stock price dropping, you can sell a put with Honeywell as the underlying asset.
- Question based on the picture attached. (c) Classify each of the following events as a source of systematic or unsystematic risk with explanations: i. After the current election, Donald Trump is no more the President of United States of America and Joe Biden is appointed to take over his place. ii. Harlie Davidson is convicted of insider trading and is sentenced to 10 years of prison. iii. An OPEC embargo raises the world market price of oil. iv. A major consumer product, Ribena loses a product liability case due to misleading Vitamin C advertisement. v. The Supreme Court rules that no employer can layoff an employee without first giving 30-days notice.If investing in the stock market today, how would your decisions be affected based on what you know about the market? If you already invest in the stock market, will you start doing anything differently?A client that has never before invested in securities recently acquired more than a million peso in cash from the sale of real estate no longer used in operations. The president intends to invest this money in marketable securities until such time as the opportunity arises for advantageous acquisition of a new plant site. He asks you to enumerate the principal factors you would recommend to create strong internal control over marketable securities. What would you answer?
- Classify each of the following events as a source of systematic or unsystematic risk with explanations: (i) After the current election, Donald Trump is no more the President of United States of America and Joe Biden is appointed to take over his place. (ii) Harlie Davidson is convicted of insider trading and is sentenced to 10 years of prison. (iii) An OPEC embargo raises the world market price of oil. (iv) A major consumer product, Ribena loses a product liability case due to misleading Vitamin C advertisement. (v) The Supreme Court rules that no employer can layoff an employee without first giving 30-days notice.Classify each of the following events as a source of systematic or unsystematic risk with explanations: (i) After the current election, Donald Trump is no more the President of United States of America and Joe Biden is appointed to take over his place. (ii) Harlie Davidson is convicted of insider trading and is sentenced to 10 years of prison. (iii) An OPEC embargo raises the world market price of oil. (iv) A major consumer product, Ribena loses a product liability case due to misleading Vitamin C advertisement. (v) The Supreme Court rules that no employer can layoff an employee without first giving 30-days notice.Classify each of the following events as a source of systematic or unsystematic risk with explanations:A company has recently purchased some stock of a competitor as part of a long-term plan to acquire the competitor. However, it is somewhat concerned that the market price of this stock could decrease over the short run. The company could hedge against the possible decline in the stock’s market price by a. Purchasing a call option on that stock. b. Purchasing a put option on that stock. c. Selling a put option on that stock. d. Obtaining a warrant option on that stock.
