题目内容（请给出正确答案）

[主观题]

Midland Investment Banking issues a prospectus for its open-end Midland Gold Fund. In th

e prospectus, the investment policy is disclosed as, "We will maintain an investment posture of 50% or more in gold stocks and/or bullion, depending upon market conditions." This policy is maintained until the price of gold falls by 20%, leaving the fund 40% invested in gold stocks and bullion. Management decides that since the allocation was affected by market conditions, no action to either change the investment policy or to rebalance the portfolio is required. This decision is:

A) under the circumstances, not in violation of the Code and Standards.

B) in violation of the Standard concerning disclosure of investment processes.

C) in violation of the Standard concerning fiduciary duties to clients.

D) in violation of the Standard concerning prohibition against misrepresentation.

提问人：网友cl18507496603 发布时间：2022-01-07

参考答案

查看官方参考答案

如搜索结果不匹配，请联系老师获取答案

您可能会需要：

重置密码查看订单联系客服

安装简答题APP，拍照搜题省时又省心！

更多“Midland Investment Banking iss…”相关的问题

第1题

Midland Woolen Garments Factory （米德兰羊毛服装厂)Midland Woolen Garments Factory was foun

Midland Woolen Garments Factory (米德兰羊毛服装厂)

Midland Woolen Garments Factory was founded in 1977.The factory now has more than 2 500 workers and produces more than 500 000 sets of high-quality woolen garments each year. All products，manufactured in accordance with and up to the international standards，are popular in the world market for the combination of modern technology with traditional workmanship(工艺).The various high-quality woolen garments sell well in 36 countries and regions，such as the United States，Japan，Germany，and Italy. Midland Woolen Garments Factory warmly welcomes friends from all over the world to visit our company for business.

点击查看答案

第2题

In the north of England and the Midland, __． A．it is cold and wet all the year round B．the

climate is pleasant as a whole C．it is warm most of the time in a year D．only the summer is not cold and wet

点击查看答案

第3题

In Midland, showing no interest in sports, Laura Bush read hooks just for______.

点击查看答案

第4题

计算题：出票人ABCC0.在2007年10月8日于杭州签发一张远期汇票，命令MIDLAND银行在见票后30天付款给DEFCO.或者指定人，金额为USD50000，DEFCO.于2007年10月15日提示MIDLAND银行承兑。请用英文做成这张汇票，并计算出汇票的到期日。

点击查看答案

第5题

The passage is taken from the first part of an essay, from which we may well predict that

in the following part the author is going to ______.

A．praise the airlines' clear-mindedness

B．further analyze the threats from high-speed rail services to airlines

C．propose a reduction of London/Paris flights

D．advise the airlines to follow the good model of British Midland routes

点击查看答案

第6题

The passage is taken from the first part of an essay, from which we may well predict that

in the following part the author is going to ______.

A．praise the airlines' clear-mindedness

B．warn the airlines of high-speed rail services

C．propose a reduction of London/Paris flights

D．advise the airlines to follow British Midland as their model

点击查看答案

第7题

Suppose that at a point in time, Barclays bank was...

Suppose that at a point in time, Barclays bank was quoting a dollars per pound exchange rate of £:$ = 1.4570. Industrial bank was quoting a Japanese yen per dollar exchange rate of $:¥ = 128.17, and Midland bank was quoting a Japanese yen per pound cross rate of £:¥ 183. a. Ignoring bid–ask spreads, was there an arbitrage opportunity here？ b. If there was an arbitrage opportunity, what steps would you have taken to make an arbitrage profit, and how much would you have profited with $1 million available for this purpose？

点击查看答案

第8题

When using the internal rate of return （IRR) investment rule, we compare:

A、the average return on the investment opportunity to returns on all other investment opportunities in the market.

B、the average return on the investment opportunity to returns on other alternatives in the market with equivalent risk and maturity.

C、the NPV of the investment opportunity to the average return on the investment opportunity.

D、the average return on the investment opportunity to the risk-free rate of return.

点击查看答案

第9题

When an investment pays only simple interest, this means:

A、interest is earned only on the original investment

B、the future value of the investment will be low

C、the interest rate is lower than on comparable investments

D、the earned interest is nontaxable to the investor

点击查看答案

第10题

Low Company owns 40% of the voting stock of High Corporation anduses the equity metho

A.Debit to the investment account for$10,000

B.Debit to the investment account for$4,000

C.Credit to the investment account for$4,000

D.Debit to a loss account for $4,000

点击查看答案

警告：系统检测到您的账号存在安全风险

为了保护您的账号安全，请在“简答题”公众号进行验证，点击“官网服务”-“账号验证”后输入验证码“”完成验证，验证成功后方可继续查看答案！

微信搜一搜

简答题

点击打开微信

警告：系统检测到您的账号存在安全风险

抱歉，您的账号因涉嫌违反简答题购买须知被冻结。您可在“简答题”微信公众号中的“官网服务”-“账号解封申请”申请解封，或联系客服。

微信搜一搜

简答题

点击打开微信