DISTANCE EDUCATION
M.Com. DEGREE EXAMINATION, MAY 2018.
INVESTMENT ANALYSIS AND PORTFOLIO
MANAGEMENT
(2005 onwards)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
1. Explain the criteria usually considered for rating a debt
instrument.
2. What is SML? Explain the rationale behind it.
3. Discuss about the most commonly used charts in
Technical Analysis.
4. Explain the concept of modern portfolio management.
Also explain whether this concept is eliminating risk.
5. Write a brief note on
Present value of annuity.
Secondary market.
6. Differentiate single index model from CAPM model.
7. Describe about the key characteristics in an industry
analysis.
8. What is the significance of characteristics line that has a
negative slope?
Sub. Code
22
DE-3796
2
wk12
SECTION B — x 15 60 marks)
Answer any FOUR questions.
9. What are the assumptions of arbitrage pricing theory?
State its merits and demerits.
10. Discuss about the Jensen's and Sharpe's performance
index model.
11. Explain the types of risks associated with investments.
12. Compare and contrast the traditional and modern
approaches to security.
13. Discuss the key macro economic variables and their
impact on stock market.
14. Discuss about the efficient market hypothesis in each of
its three form.
15. Discuss Markowitz theory of portfolio selection. How does
this theory helps in planning an investors portfolio?
———————