As you can see, our CFA-Level-I Discount exam simulation really deserves your selection. Do not be afraid of making positive changes. It will add more colors to your life. What is more, our CFA-Level-I Discount exam dumps can realize your potentiality greatly. Unlike some irresponsible companies who churn out some CFA-Level-I Discount study guide, we are looking forward to cooperate fervently. Omgzlook will provide all the latest and accurate exam practice questions and answers for the staff to participate in CFA-Level-I Discount certification exam.
CFA Level CFA-Level-I You can totally relay on us.
Continuous update of the exam questions, and professional analysis from our professional team have become the key for most candidates to pass CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Discount exam. Second, it is convenient for you to read and make notes with our versions of CFA-Level-I Latest Exam Camp exam materials. Last but not least, we will provide considerate on line after sale service for you in twenty four hours a day, seven days a week.
To pass this exam also needs a lot of preparation. The CFA-Level-I Discount exam materials provided by Omgzlook are collected and sorted out by experienced team. Now you can have these precious materials.
Because it can help you prepare for the CFA CFA-Level-I Discount exam.
Which kind of CFA-Level-I Discount certificate is most authorized, efficient and useful? We recommend you the CFA-Level-I Discount certificate because it can prove that you are competent in some area and boost outstanding abilities. If you buy our CFA-Level-I Discount study materials you will pass the test smoothly and easily. We boost professional expert team to organize and compile the CFA-Level-I Discount training guide diligently and provide the great service.
A lot of people have given up when they are preparing for the CFA-Level-I Discount exam. However, we need to realize that the genius only means hard-working all one’s life.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
Which of the following is NOT a reason for sampling the population?
A. Inferences from a sample are the same that would be obtained by studying the entire population.
B. Some tests are destructive in nature and hence, should be carried out only on small samples.
C. It is almost impossible to work with the entire population in most cases.
Answer: A
Explanation: Samples are far easier to work with than the entire population. However, the entire population contains more information than the sample. With the population, you would get exact parameter values characterizing the population whereas with a sample, you only get estimates.
QUESTION NO: 2
You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and
57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was
9 %, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted
average return?
A. -57.50%. B 11 00%
B. -11.00%.
C. -6.325%.
Answer: C
Explanation: The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i
* X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return
of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return.
Here, we
get 0.575 * - 0.11 = -6.325%.
QUESTION NO: 3
On May 15, your firm receives 20 cases of designer pens. On June 30, your firm pays $3,250 for the
pens. On July 15, the pens are sold on credit for $10,500. On September 10, your firm collects the receivable in full. If each transaction occurs at the end of the business day, how many days are in the accounts payable period?
A. 46 days.
B. 57 days.
C. 61 days.
Answer: A
Explanation: B: the number of days in the accounts receivable period. C: the number of days in the inventory period. D: the number of days in the cash cycle. 118 days: the number of days in the operating
cycle.
QUESTION NO: 4
If a firm's asset turnover were to increase by 10% and the tax rate were to increase from 35% to
40%,
leaving all else constant, the resultant change in the firm's ROE equals ________.
A. +1.5%
B. -1.9%
C. -1.1%
Answer: A
Explanation: ROE = Net income/Equity. Using the Extended DuPont System, = (EBT/sales)*(sales/total assets)*(total assets/equity)*(1-tax rate) The asset turnover ratio equals sales/total assets.
Therefore,
ROE(after)/ROE(before) = [asset turnover(after)/asset turnover(before)*]*[0.6/0.65] = 1.1*0.6/0.65 =
1.015.
Thus, the ROE increases by 1.5%.
QUESTION NO: 5
What is the value of a zero-coupon bond that pays $1,000 in five years if the market rate for this
security is 7%?
A. $ 712.99
B. $ 708.92
C. $ 735.43
Answer: B
Explanation: The present value of a payment received n years hence is given by:
n
PV = FV / (1 + R)
where: PV = present value, FV = future value, R = discount rate per period, n = # of periods
Therefore, the value of this bond is:
5 x 2
PV = $ 1,000 / [1 + (0.07/2)] = $708.92.
Note that the semi-annual compounding should be assumed if not specified.
More importantly, if you take our products into consideration, our Salesforce Advanced-Administrator study materials will bring a good academic outcome for you. Firstly, you will learn many useful knowledge and skills from our SAP C_TS4CO_2023 exam guide, which is a valuable asset in your life. Choosing our SAP C-TS414-2023 study material, you will find that it will be very easy for you to overcome your shortcomings and become a persistent person. Do not worry, in order to help you solve your problem and let you have a good understanding of our CIW 1D0-623 study practice dump, the experts and professors from our company have designed the trial version for all people. With the help of our Cisco 200-901 training guide, your dream won’t be delayed anymore.
Updated: May 26, 2022