DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
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. Discuss the Concept and objectives of investment.
2. Distinguish carefully between investing and speculating.
Is it possible to incorporate investment and speculation
within the same security? Explain.
3. Discuss the broad process involved in making investment
decisions and highlight the factors to be considered in the
decision process.
4. Write a detailed note on price earning analysis.
5. How is a fundamental analysis useful to a prospective
investor?
Sub. Code
422
DE-3208
WS
2
6. How does Markowitz Theory help in planning an
investor's portfolio?
7. What are the assumptions of capital asset pricing model?
8. What is portfolio audit? Discuss its procedures.
PART B — 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Explain the concept of portfolio management.
10. What do you know about derivative instruments?
Explain.
11. How risk and return of equity investment can be
measured? Explain with examples.
12. Discuss the relationship between fundamental analysis
and efficient market hypotheses.
13. Explain how the efficient frontier is determined using the
Markowitz approach.
14. Explain the CAP model in pricing assets?
15. Discuss the Jensen measures of portfolio returns.
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