DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2018.
Fourth Semester
INVESTMENT ANALYSIS AND PORTFOLIO
MANAGEMENT
(2012-13 Academic Year and 2013 Calendar Year Only)
(English medium only)
Time Three hours Maximum 100 marks
PART A — x 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. What are the characteristics of investment and also
explain the criteria for evaluating the investment?
2. Describe the different types of fixed income securities.
3. Why is it more difficult to determine the value of a
common stock as opposed to finding the value of a bond?
4. Write a note on Return analysis.
5. Differentiate between Technical Analysis and
Fundamental Analysis.
6. What are the strength and weaknesses of the Morkowitz
approach?
7. Discuss the application of capital asset pricing model.
8. Elucidate the meaning of portfolio audit. Discuss the
audit plan for portfolio performance.
Sub. Code
422
DE-4320
2
Ws19
PART B — x 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Discuss the concept of hedging in Indian scenario.
10. Explain the risk and return trade off in investment
analysis.
11. 'Chart patterns are helpful in predicting the stock price
movement'. Comment.
12. Explain in detail the Dow Theory and how is it used to
determine the direction of stock market?
13. Discuss fully the Sharpe measures of portfolio returns.
14. What is Random Walk theory? What does it project in its
weak form, semi-strong form and strong form?
15. Discuss the measures of evaluating portfolio performance
along with respective pros and cons.