multiple choice questions

Question 17 Which of the following groups, who we presume have access to private information, appear to be able to outperform the market using that information? A. Professional fund managers B. Company insiders C. Stockbrokers D. All of the above Question 18 Which of the following is something that a rational, risk-averse investor will try to achieve? A. The maximum possible risk for a given level of return B. The maximum possible return for a given level of risk The minimum possible return for a given level of risk D. Both (a) and (b) C. Question 19 L Which of Which of the following is not a way of expressing the goal of the financial manager? A. B. C. D. Maximising the wealth of shareholders. Maximising the share price. Maximising the value of the firm. Maximising the net profit of the firm. Question 20 Which of the following is not a disadvantage of the IRR method of project evaluation? A B. C. D. It does not take into account the time value of money. There may be multiple internal rates of return in some circumstances. It may not correctly rank mutually exclusive projects of differing scale. None of the above