Tamil Nadu Open University (TNOU) 2009 M.Com Commerce Security analysis and portfolio management - Question Paper
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PG-233 MCO-22M.Com. DEGREE EXAMINATION -JUNE 2009.
(AY 2004-05 batch onwards)
Second Year
Commerce
SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
Time : 3 hours Maximum marks : 75
SECTION A (3 x 5 = 15 marks)
Answer any THREE questions.
All questions carry equal marks.
1. Briefly explain the features of an Investment Programme.
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2. How does the new issue Market relate to the Stock Exchange?
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3. Modern Portfolio Management is based on the random Walk Model - How?
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4. What is risk? Differentiate systematic risk from unsystematic risk.
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5. Trace out the difference between traditional and modern portfolio analysis.
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SECTION B (4 x 15 = 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
6. Explain in detail the various stages that involve in the Investment Process.
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7. Explain the relevance of Markowitz Model in Portfolio Analysis.
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8. The risk and return of securities is determined by beta - Critically analyse the above statement using Security Market Line.
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9. Explain the process of fundamental Analysis.
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10. What is meant by Capital Assets Pricing Model? Explain its relevance in Portfolio formation.
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11. Explain the factors that influence the security valuation, using any two well known valuation models.
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12. Explain the methods that are adopted in a measuring returns on bonds and stocks.
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4 PG-233
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