单项选择题

Documented market anomalies include all of the following EXCEPT:()

A. the greater the ratio of book value/market value, the greater the risk-adjusted rate of return.
B. low P/E ratio stocks experience superior results to the market.
C. the ability for an investor to profit by buying stocks on Friday and selling them on Monday.

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单项选择题
Which of the following statements about selling shares of stock is FALSE()

A. The "depth" of the market is typically defined as the number of traders willing to trade at prices above and below the current price.
B. If the initial margin requirement is 50% and the maintenance margin requirement is 25%, the investor who buys a stock at $26 on margin will receive a margin call when the stock hits $17.33.
C. Initial public offerings are sold in the secondary market.

单项选择题
Whichofthefollowingstatementsabout shortselling isTRUE()

A. A short position may be hedged by purchasing put options.
B. Short sellers may be subject to margin calls if the stock price increases.
C. Stocks that pay large dividends should be sold short before the ex-dividend date and bought afterward to take advantage of the large price decline in a short time period.

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