证券投资学课后习题答案smart_foi12_IM01.docVIP

?2014PearsonEducation,Inc.

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Chapter1

TheInvestmentEnvironment

??Outline

LearningGoals

I. InvestmentsandtheInvestmentProcess

A. AttributesofInvestments

1. SecuritiesorProperty

2. DirectorIndirect

3. Debt,Equity,orDerivativeSecurities

4. Low-orHigh-RiskInvestments

5. Short-orLong-TermInvestments

6. DomesticorForeign

B. TheStructureoftheInvestmentProcess

1. SuppliersandDemandersofFunds

a. Government

b. Business

c. Individuals

2. TypesofInvestors

ConceptsinReview

II. TypesofInvestments

A. Short-TermInvestments

B. CommonStock

C. Fixed-IncomeSecurities

1. Bonds

2. ConvertibleSecurities

3. PreferredStock

D. MutualFunds

E. Exchange-TradedFunds

F. HedgeFunds

G. DerivativeSecurities

1. Options

2. Futures

H. OtherPopularInvestments

ConceptsinReview

III. MakingInvestmentPlans

A. StepsinInvesting

1. Step1:MeetInvestmentPrerequisites

2. Step2:EstablishInvestmentGoals

3. Step3:AdoptanInvestmentPlan

4. Step4:EvaluateInvestments

5. Step5:SelectSuitableInvestments

6. Step6:ConstructaDiversifiedPortfolio

7. Step7:ManagethePortfolio

B. ConsideringPersonalTaxes

1. BasicSourcesofTaxation

2. TypesofIncome

a. OrdinaryIncome

b. CapitalGainsandLosses

3. InvestmentsandTaxes

4. Tax-AdvantagedRetirementSavingsPlans

C. InvestingovertheLifeCycle

D. InvestmentsandtheBusinessCycle

ConceptsinReview

IV. MeetingLiquidityNeedswithShort-TermInvestments

A. RoleofShort-TermInvestments

1. InterestonShort-TermInvestments

2. RiskCharacteristics

3. AdvantagesandDisadvantagesofShort-TermInvestments

B. CommonShort-TermInvestments

C. InvestmentSuitability

ConceptsinReview

V. CareersinFinance

A. CommercialBanking

B. CorporateFinance

C. FinancialPlanning

D. Insurance

E. InvestmentBanking

F. InvestmentManagement

ConceptsinReview

Summary

KeyTerms

DiscussionQuestions

Problems

CaseProblems

1.1 InvestmentsorGolf?

1.2 PreparingC