Jawaharlal Nehru Technological University, Hyderabad MBA-III Semester Supplementary Examinations July 2010 SECURITY ANALYSIS PORTFOLIO MANAGEMENT Question paper

Code No: 35

Time: 3hours Max.Marks:60

Answer any Five questions
All questions carry equal Marks

1. Describe the effect of changes in investment environment on investment decisions. Outline the steps involved in the investment process.

2. Spell out the key steps involved in portfolio management. How would you carry out portfolio performance evaluation?

3. What is market model? What input into the CAPM is estimated from the market model? Why is systematic risk, in the CAPM model, also called market risk?

4. What are the major issues to be considered to determine the frequency with which an immunized portfolio should be rebalanced?

5. "Modern portfolio theory helps in the optimal allocation of global resources".
Comment.

6. Explain how technical analysis can be used in deciding the timing for buying and selling of securities.

7. What are the portfolio management services and explain each in detail?

8. Describe the process of laddering a bond portfolio? What are the advantages and disadvantages of this strategy?