Exam Details
| Subject | security analysis and portfolio management | |
| Paper | paper 3 | |
| Exam / Course | m.com. | |
| Department | ||
| Organization | rayalaseema university | |
| Position | ||
| Exam Date | December, 2017 | |
| City, State | andhra pradesh, kurnool |
Question Paper
M.Com. DEGREE EXAMINATION, NOVEMBER/DECEMBER 2017.
Third Semester
Paper III SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
2 30133
Time 3 Hours Max. Marks 100
SECTION — A
Answer any FIVE questions. 8 40 Marks)
Each question carries 8 marks.
1. Define investment. State and explain the objectives of investment activity.
2. Describe briefly the important investment avenues available to savers in India.
3. Discuss the role of the NSE in reforming the stock market in India.
4. How would you estimate the intrinsic value of a share which is to be held for one
year?
5. Explain the concept of industry life cycle. Describe the different stages in the
industry life cycle.
6. What is company analysis? Explain how financial ratios can be used to determine
the strengths and weaknesses of a company?
7. List the limitations of Markowitz model of portfolio selection.
8. Explain how portfolio return and risk are estimated under single index model.
SECTION — B
Answer ALL questions. 15 60 Marks)
Each question carries 15 marks.
9. Explain the mean-variance approach to estimation of return and risk of a
security.
Or
"Financial risk is a function of financial leverage". Explain.
10. What are depositories? Explain the role of depositories in securities trading.
Or
An investor is considering the purchase of a bond currently selling for
Rs.878.50. The bond has four years to maturity, a face value of Rs.1,000 and a
coupon rate of 8 percent. The appropriate discount rate for investments of
similar risk is 10 percent. Calculate the yield to maturity of the bond. Based
on the calculation, should the investor purchase the bond?
11. Explain the merits and demerits of technical analysis as a tool of security
analysis.
Or
Explain the strong form of efficient market hypothesis. How far is it
validated?
12. "Capital Asset pricing model can be used to evaluate the pricing of securities".
Discuss.
Or
Given the following information
Portfolio
A B C D
Beta 1.10 0.8 1.8 1.4
Return (percent) 14.5 11.25 19.75 18.5
Standard deviation 20.0 17.5 26.3 24.5
Risk free rate of return 6 percent
Market return 12 percent
Calculate
Sharpe ratio
Treynor ratio
Jensen ratio.
———————
Third Semester
Paper III SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
2 30133
Time 3 Hours Max. Marks 100
SECTION — A
Answer any FIVE questions. 8 40 Marks)
Each question carries 8 marks.
1. Define investment. State and explain the objectives of investment activity.
2. Describe briefly the important investment avenues available to savers in India.
3. Discuss the role of the NSE in reforming the stock market in India.
4. How would you estimate the intrinsic value of a share which is to be held for one
year?
5. Explain the concept of industry life cycle. Describe the different stages in the
industry life cycle.
6. What is company analysis? Explain how financial ratios can be used to determine
the strengths and weaknesses of a company?
7. List the limitations of Markowitz model of portfolio selection.
8. Explain how portfolio return and risk are estimated under single index model.
SECTION — B
Answer ALL questions. 15 60 Marks)
Each question carries 15 marks.
9. Explain the mean-variance approach to estimation of return and risk of a
security.
Or
"Financial risk is a function of financial leverage". Explain.
10. What are depositories? Explain the role of depositories in securities trading.
Or
An investor is considering the purchase of a bond currently selling for
Rs.878.50. The bond has four years to maturity, a face value of Rs.1,000 and a
coupon rate of 8 percent. The appropriate discount rate for investments of
similar risk is 10 percent. Calculate the yield to maturity of the bond. Based
on the calculation, should the investor purchase the bond?
11. Explain the merits and demerits of technical analysis as a tool of security
analysis.
Or
Explain the strong form of efficient market hypothesis. How far is it
validated?
12. "Capital Asset pricing model can be used to evaluate the pricing of securities".
Discuss.
Or
Given the following information
Portfolio
A B C D
Beta 1.10 0.8 1.8 1.4
Return (percent) 14.5 11.25 19.75 18.5
Standard deviation 20.0 17.5 26.3 24.5
Risk free rate of return 6 percent
Market return 12 percent
Calculate
Sharpe ratio
Treynor ratio
Jensen ratio.
———————
Other Question Papers
Subjects
- advanced cost and management accounting
- business communication
- business environment
- business research methodology
- computer application in business
- computer applications in business
- corporate policies and strategic management
- corporate tax planning and management
- cost and management accounting
- customer relationship management
- e-commerce
- entrepreneurship and small business mangement
- entrepreneurship development
- financial management
- financial markets and institutions
- human resource management
- insurance and risk management
- international business
- international financial management
- international marketing
- managerial economics
- marketing management
- organisational behaviour
- quantitative techniques for business decisions
- reatil management
- security analysis and portfolio management
- strategic management
- taxation