MMPF-004 · December 2025 · English
IGNOU MMPF-004 December 2025 Previous Year Question Paper
SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
Structured previous year question paper for MMPF-004, December 2025 session.
Max marks: 100 · Questions: 8
Verified: 11 Sept 2026
MASTER OF BUSINESS
ADMINISTRATION
(MBA)
Term-End Examination
December, 2025
MMPF-004 : SECURITY ANALYSIS AND
PORTFOLIO MANAGEMENT
Time : 3 Hours Maximum Marks : 100
Note :
(i) Attempt any five questions.
(ii) All questions carry equal marks.
Q1.“No investment is risk -free.” Given this statement, write an essay on the meaning and types of investment risk. [ 2 ]
Q2.(a) Analyze th e purpose of valuing securities and its importance for investors.
(b) Briefly discuss the recent trends in the development of the primary market in India.
Q3.Company XYZ is expected to pay a dividend of ` 2 per share next year. Dividends are expected to gr ow at a constant rate of 5% per year indefinitely. If the required rate of return on the stock is 10%, what is the current intrinsic value of the stock according to the Gordon growth model ?
Q4.How does fundamental analysis help in identifying potential i nvestment opportunities ? [ 3 ]
Q5.Describe the common chart patterns and technical indicators used by technical analysts to identify the trends and trading opportunities.
Q6.Assume you are a portfolio manager and with the help of the following details , find out the securities that are overpriced and underpriced in terms of SML : Security Expected Returns (Er) A 0.33 1.70 0.50 B 0.13 1.40 0.35 C 0.26 1.10 0.40 D 0.12 0.95 0.24 Nifty Index 0.13 1.00 0.20 T-Bills 0.09 0 0 [ 4 ]
Q7.Discuss the objectives of portfolio revision strategies. What are the risks associated with frequent portfolio revisions ?
Q8.Write short notes on the following :
(a) Multiple Period Growth Model
(b) APT Theory