DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
Fourth Semester
INVESTMENT ANALYSIS AND PORTFOLIO
MANAGEMENT
(Upto 2012-13 Academic year and 2013 Calendar year)
Time Three hours Maximum 100 marks
SECTION A — X 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Explain the primary and subsidiary objectives of
investment.
2. Explain different types of investment.
3. Discuss the importance of company analysis.
4. "No investment is risk free"- can this risk be eliminated?
5. Explain the objectives of investment analysis.
6. What do you understand by Markowtz diversification?
Give examples.
7. Point out Jensen's model of Portfolio.
8. In what way can the relationship of risk and return be
established?
Sub. Code
42
DE-2676
2
Ws2
SECTION B — X 15 60 marks)
Answer any FOUR questions.
9. Explain the basic valuation model used in investment
management. How is it used for valuation of bonds?
10. What is the meaning of investment? Discuss different
channels available to an investor for making financial
investment.
11. Calculate risk from the co-efficient of correlation given
below with proportion of .50 and .50 for XY. What would
be the least risky combination if the correlation of the
returns of the two securities is
-1.0
0
0.8
1.0
Security Nos. Expected return Expected
1 5 2
2 15 8
12. Distinguish between Corporate investments and Non
corporate investments.
13. Explain about portfolio audit and portfolio revision.
14. Explain the concept of DOW theory.
15. How is valuation done in respect of shares and bonds?
————————