If you really want to pass the CFA-Level-I Ebook exam faster, choosing a professional product is very important. Our CFA-Level-I Ebook study materials can be very confident that we are the most professional in the industry's products. We are constantly improving and just want to give you the best CFA-Level-I Ebook learning braindumps. It will help us to pass the exam successfully. This is the best shortcut to success. As long as you use CFA-Level-I Ebook learning materials and get a CFA-Level-I Ebook certificate, you will certainly be appreciated by the leaders.
CFA Level CFA-Level-I Then, you need to upgrade and develop yourself.
As long as you study with our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Ebook exam questions for 20 to 30 hours, you will pass the exam for sure. Whatever exam you choose to take, Omgzlook training dumps will be very helpful to you. Because all questions in the actual test are included in Omgzlook practice test dumps which provide you with the adequate explanation that let you understand these questions well.
Moreover our CFA-Level-I Ebook test guides provide customers with supplement service-mock test, which can totally inspire them to study hard and check for defects during their learning process. Our commitment is not frank, as long as you choose our CFA-Level-I Ebook study tool you will truly appreciate the benefits of our products. We want to provide our customers with different versions of CFA-Level-I Ebook test guides to suit their needs in order to learn more efficiently.
CFA CFA-Level-I Ebook - Then you will be confident in the actual test.
Our CFA-Level-I Ebook training quiz will be your best teacher who helps you to find the key and difficulty of the exam, so that you no longer feel confused when review. Our CFA-Level-I Ebook study materials will be your best learning partner and will accompany you through every day of the review. Our CFA-Level-I Ebook exam quiz will help you to deal with all the difficulties you have encountered in the learning process and make you walk more easily and happily on the road of studying.
Mostly choice is greater than effort. Well-pointed preparation for your test will help you save a lot of time.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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.
QUESTION NO: 2
A payment of a cash dividend represents a cash outflow from ________.
A. operating activities under the direct method only.
B. investing activities.
C. financing activities.
Answer: C
Explanation: The payment of a dividend is a cash outflow from financing activities because the payment of
a dividend provides owners with a return on their investment.
QUESTION NO: 3
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?
A. 1.45%
B. 2.23%
C. 11%
Answer: A
Explanation: Assume event A is the event in which the individual suffers from a headache. Using the
Total
Probability Rule, P(A) = 0.1 x 0.05 + 0.01 x 0.95 = 1.45%.
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
Data that describe characteristics of entities (such as persons, places, companies) at a given moment in time is called:
A. a time-series data.
B. a database.
C. cross-sectional data.
Answer: C
Explanation: Cross-sectional data are data that describe characteristics of entities (such as persons, places, and companies) at a given moment in time. A balance sheet is just one example of cross sectional
data. A census is also an example of cross-sectional data.
Cisco 200-901 - Our study materials will help you get the according certification you want to have. The VMware 6V0-32.24 real questions are written and approved by our It experts, and tested by our senior professionals with many years' experience. In addition, there are many other advantages of our Fortinet NSE7_SDW-7.2 learning guide. ASQ CQE - Besides, you can rest assured to enjoy the secure shopping for CFA exam dumps on our site, and your personal information will be protected by our policy. Google Professional-Cloud-Architect - Omgzlook will never disappoint you.
Updated: May 26, 2022