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39. Under U.S. GAAP requirements, valuation may be based on an
40. Which of the following level(s) of input in the U.S. GAAP
hierarchy of inputs for fair value determination is/are likely to be
most appropriate for valuing basic agricultural commodities?
41. Assuming they are traded in an active market, which of the
following types of investments, if any, could be valued using level 1
inputs of the U.S. GAAP hierarchy of inputs for determining fair
value?
42. Quoted prices in which of the following types of markets could
be level 2 inputs in determining fair value under the U.S. GAAP
hierarchy of inputs for fair value determination?
43. Which of the following levels of the U.S. GAAP hierarchy of
inputs used for determining fair value can be based on inputs not
directly observable for the item being valued?
44. Which of the following types of active markets, if any, would be
considered as providing level 1 inputs under the U.S. GAAP
hierarchy of inputs for fair value determination?
45. Which one of the following beta values indicates the least
volatility?
46. Which one of the following is not a limitation of the capital
asset pricing model?
47. Assume the following rates exist in the U.S.: Prime interest rate
= 6%
48. Fed discount rate
= 4% U.S. Treasury Bond rate = 2%
Inflation rate
= 1% which one of the following is most likely the
nominal risk-free rate of return in the U.S.?
49. Assume the following values for an investment: Risk-free rate
of return = 2% Expected rate of return = 9% Beta = 1.4 which one
of the following is the required rate of return for the investment?