ACCREDITED ASSET MANAGEMENT SPECIALIST - CHAPTER 4 (AAMS); Questions and Answers 100% Verified

ACCREDITED ASSET MANAGEMENT SPECIALIST - CHAPTER 4 (AAMS ); Questions and Answers 100% Verified Brinson Study Correct answer -Concentrate on Asset Allocation and less on securities selection and market timing Eurodollar CD Correct answer -US dollar denominated Instrument that is issued by foreign banks from their US branches T-Bills Correct answer -Smallest std. deviation since 1926 Contingent deferred sales charge Correct answer -Mutual fund sales load that is assessed on a decending scale if the fund is sold within the first 5 or six years of purchase If the market rate on coupon bonds similar to Bond A increases, Bond A's duration will Correct answer -decrease A U.S. investor owns a bond denominated in Mexican pesos. If the bond earned 8% while the value of the peso increased against the U.S. dollar by 4%, the investor's total return was Correct answer -increased 10% by the falling dollar. Which one of the following rates is most directly affected by the Federal Reserve Board? Correct answer -Fed Funds Rate One assumption of technical analysis is that Correct answer -stock prices move in trends. Which one of the following is an activity ratio? Correct answer -Inventory turnover A correlation of 0.00 between two investment categories means that the returns of the two categories move in completely opposite directions. Correct answer -False