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Risk and Return

Total questions: 15

Worksheet time: 1hrs 15mins

Name
Class
Date
1.

Ahmad is considering investing in stocks. Which is the less risky investment?

a)

Stock A: SD = 10%; E(R) = 10%

b)

Stock B: SD = 6%; E(R) = 10%

c)

Stock C: SD = 8%; E(R) = 12%

d)

Stock D: SD = 20%; E(R) = 24%

2.

Probability = 15%; Return = -5%

Probability = 20%; Return = 10%

Probability = 30%; Return = 15%

Probability = 35%; Return = 25%


What is the expected rate of return on the investment?

a)

15.4%

b)

14.5%

c)

15.5%

d)

16%

3.

......... refers to the portion of an asset's risk that attributes to firm's specific random events, for example strikes and robberies, that can be eliminated by diversification.

a)

Market risk

b)

General risk

c)

Unique risk

d)

Non-diversifiable risk

4.

Event 1: BNM announced an increase in interest rate resulted an increase of 1% company's cost of financing.


Event 2: A fire caused by an accident at one of the company's store resulted in a huge loss for the company.


Determine the type of risk that can be associated to each of the events.

a)

Unsystematic risk and Unsystematic risk

b)

Unsystematic risk and Systematic risk

c)

Systematic risk and Systematic risk

d)

Systematic risk and Unsystematic risk

5.

A person has invested Rs. 25,000 in 2018. In 2020 he received a sum of Rs. 26,700. Calculate CAGR.

a)

3.35%

b)

8%

c)

10%

d)

11%

6.

Formula for HPR is ____________

a)

(Total Returns/ Investment)*100

b)

((Price at the end- Price at the beginning)+ Dividend )/ (Price at the beginning) *100

c)

(Price at the end/ Price at the beginning)*100

d)

None of the above

7.

In HPR, dividend income is considered for calculating returns.

a)

True

b)

False

8.

Investor A invested in stock XYZ with initial amount of 100 millions VND for 5 years.

Holding period return for each year: 30%, 15%, 10%, 20%, 50%. What is the arithmetic mean return?

a)

20%

b)

25%

c)

30%

d)

None of them

9.

Investor A receives 15%/year nominal return on certificates of deposit. Given that inflation rate is 3%, what will the real return of this investment?

a)

10.84%

b)

11.65%

c)

12.76%

d)

None of them

10.

Investor A invested in stock XYZ with initial amount of 100 millions VND for 4 years.

Holding period return for each year: 10%, 50%, -20%. What is the geometric mean return?

a)

8,1%

b)

9,7%

c)

10,8%

d)

None of them

11.

If inflation rate is positive number, what is the relationship between nominal return and real return?

a)

Nominal return < real return

b)

Nominal return > real return

c)

Nominal return = Real return

12.

What is NOMINAL RATE OF INTEREST?

a)

Is a required rate of return on a fixed-income security that has no risk in an economic environment of zero inflation.

b)

It tell how much more purchasing power we have.

c)

It is equal to sum of real risk-free rate interest plus compensation for taking different types of risk and several risk premiums.

d)

It is cost of money when government issues the securities

13.
What is the difference between nominal and real returns?
a)
A) Nominal returns are adjusted for inflation, while real returns are not
b)
B) Real returns are adjusted for inflation, while nominal returns are not
c)
C) Nominal returns include both capital gains and income, while real returns include only capital gains
d)
D) Real returns are calculated on the initial investment only, while nominal returns are calculated on both the initial investment and any subsequent gains or losses
14.
If an investor wants to compare the purchasing power of two investments with different returns, which measure should they use?
a)
A) Simple returns
b)
B) Compound returns
c)
C) Nominal returns
d)
D) Real returns
15.
An investor purchased 100 shares of a stock at $50 per share. One year later, the stock price increased to $60 per share, and the company paid a $2 per share dividend. What was the investor's total return?
a)
A) 10%
b)
B) 12%
c)
C) 20%
d)
D) 22%