최신 CFA-Level-I 무료덤프 - CFA Institute CFA Level I Chartered Financial Analyst
Which of the following are underlying assumptions of technical analysis?
I). Past performance has no influence on future performance or market values.
II). Security prices adjust rapidly to stock market information.
III). Security prices move in trends, which persist for appreciable lengths of time.
IV). The market value of any good or service is determined solely by the interaction of supply and demand for the good or service.
I). Past performance has no influence on future performance or market values.
II). Security prices adjust rapidly to stock market information.
III). Security prices move in trends, which persist for appreciable lengths of time.
IV). The market value of any good or service is determined solely by the interaction of supply and demand for the good or service.
정답: B
An individual has a 10% probability of suffering from a headache when he has a cold versus 1% when he does not have a cold. If the individual has a probability of developing a cold equal to 5%, what is the probability that this individual suffers from a headache?
정답: A
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If trades can be arranged only when the market is open, such a market is called a:
정답: A
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A front-end load mutual fund with a net asset value of $12.04 is being offer to investors at $12.35. The fund load would be closest to:
정답: B
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In terms of CFA Institute's Standards of Professional Conduct when dealing with the procedures for compliance per Standard IV (A): Loyalty to Employer, which of the following ways is NOT effective methods for member compliance? Members:
정답: C
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All of the following statements are true with respect to the effects of changing interest rates on the market value of debt and on financial statements and ratios, except:
정답: C
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A portfolio consists of 2 bonds:
Bond | Maturity | Coupon | Duration | Proportion in Portfolio
Bond A | 10 years | 8% | 6.7 | 60% Bond B | 7 years | 5.2% |3.9 | 40%
If the yield on Bond A increases by 54 basis points and the yield on Bond B decreases by 79 basis points, compute the percentage change in portfolio value.
Bond | Maturity | Coupon | Duration | Proportion in Portfolio
Bond A | 10 years | 8% | 6.7 | 60% Bond B | 7 years | 5.2% |3.9 | 40%
If the yield on Bond A increases by 54 basis points and the yield on Bond B decreases by 79 basis points, compute the percentage change in portfolio value.
정답: B
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Which type of preferred shares is the least risky?
정답: A
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A statistician is calculating the confidence interval for but the standard deviation of the sampled population is unknown. It is acceptable to use the sample standard deviation in place of the population standard deviation when
I). when the sample distribution is normally distributed.
II). the sample size is greater than 30.
III). when the sample distribution behaves according to the Central Limit Theorem.
I). when the sample distribution is normally distributed.
II). the sample size is greater than 30.
III). when the sample distribution behaves according to the Central Limit Theorem.
정답: C
Lease A does not contain a bargain purchase option, but the lease term is equal to 90% of the estimated economic life of the leased property. Lease B does not transfer ownership of the property to the lessee by the end of the lease term, but the lease term is equal to 70% of the estimated economic life of the leased property. How should the lessee classify these leases?
정답: C
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According to IFRS, when a company sells property and then leases it back, any gain on the sale should usually be:
정답: C
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Which of the following statements is false?
정답: A
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The price volatility of a variable rate note may be reduced by:
정답: C