DISTANCE EDUCATION
M.Com.(F DEGREE EXAMINATION, DECEMBER 2017.
INVESTMENT ANALYSIS AND PORTFOLIO
MANAGEMENT
(2005 onwards)
Time Three hours Maximum 100 marks
SECTION A — × 8 40 marks)
Answer any FIVE questions.
1. Explain the types and the process of credit rating.
2. Explain the concept of technical analysis with the help of
a diagram.
3. Discuss the risk and return relationship.
4. Point out the differences between efficient frontier under
capital market theory and under (Markowitz) approach.
5. Write a brief note on:
Tax saving investments
Dividend discount model.
6. What is liquidity? Why is it so important to the efficient
operations of securities market?
7. Evaluate the empirical evidence on strong form efficient
market hypothesis.
8. Explain the need and methods of portfolio performance.
Sub. Code
22
DE-2696
2
wk10
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. Discuss the CAPM and its applications in portfolio
selection.
10. Explain the relationship between SML, CML and
characteristics line.
11. Dow theory is applicable to Indian, stock market-How?
Discuss.
12. Describe the types of tests that have been commonly
employed to verify the weak form efficient market
hypothesis.
13. 'All hedging is speculation, but all speculation is not
hedging'- Discuss.
14. Describe the industry life cycle? What are its implications
for the investor?
15. Discuss the following in detail
Random walk theory
Elliot wave theory
Price earnings analysis.
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