There are totally three versions of CFA-Level-I Exam Introduction practice materials which are the most suitable versions for you: PDF, software and app versions. We promise ourselves and exam candidates to make these CFA-Level-I Exam Introduction preparation prep top notch. So if you are in a dark space, our CFA-Level-I Exam Introduction study guide can inspire you make great improvements. As we all know, the internationally recognized CFA-Level-I Exam Introduction certification means that you have a good grasp of knowledge of certain areas and it can demonstrate your ability. This is a fair principle. We made real test materials in three accessible formats for your inclinations.
CFA Level CFA-Level-I Why not have a try?
If there is new information about the exam, you will receive an email about the newest information about the CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Exam Introduction learning dumps. With our CFA-Level-I Pdf Version exam questions, you will easily get the favor of executives and successfully enter the gates of famous companies. You will have higher wages and a better development platform.
Our CFA-Level-I Exam Introduction study guide design three different versions for all customers. These three different versions include PDF version, software version and online version, they can help customers solve any problems in use, meet all their needs. Although the three major versions of our CFA-Level-I Exam Introduction exam dumps provide a demo of the same content for all customers, they will meet different unique requirements from a variety of users based on specific functionality.
CFA CFA-Level-I Exam Introduction - Now they have a better life.
If we waste a little bit of time, we will miss a lot of opportunities. If we miss the opportunity, we will accomplish nothing. Then, life becomes meaningless. Our CFA-Level-I Exam Introduction preparation exam have taken this into account, so in order to save our customer’s precious time, the experts in our company did everything they could to prepare our CFA-Level-I Exam Introduction study materials for those who need to improve themselves quickly in a short time to pass the exam to get the CFA-Level-I Exam Introduction certification.
Our learning materials are based on the customer's point of view and fully consider the needs of our customers. If you follow the steps of our CFA-Level-I Exam Introduction exam questions, you can easily and happily learn and ultimately succeed in the ocean of learning.
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
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: 3
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: 4
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: 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.
CIW 1D0-622 - The client only need to spare 1-2 hours to learn our CFA Institute CFA Level I Chartered Financial Analyst study question each day or learn them in the weekends. The staff of SAP C_THR88_2405 study materials is online 24 hours a day, seven days a week. EMC D-PDD-OE-23 - As a matter of fact, we receive thousands of the warm feedbacks to thank us for helping them pass the exam. Omgzlook is famous for our company made these EMC D-SNC-DY-00 exam questions with accountability. Microsoft AZ-305-KR - In the end, you will become an excellent talent.
Updated: May 26, 2022