Omgzlook CFA CFA-Level-I Passing Score exam training materials is the most effective way to pass the certification exam. With this certification, you will achieve your dreams, and become successful. The curtain of life stage may be opened at any time, the key is that you are willing to show, or choose to avoid. You can use CFA-Level-I Passing Score guide materials through a variety of electronic devices. At home, you can use the computer and outside you can also use the phone. Would you like to pass CFA CFA-Level-I Passing Score test and to get CFA-Level-I Passing Score certificate? Omgzlook can guarantee your success.
CFA Level CFA-Level-I As you know, life is like the sea.
If you are willing, our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Passing Score training PDF can give you a good beginning. Our effort in building the content of our Latest CFA-Level-I Training learning questions lead to the development of learning guide and strengthen their perfection. Our Latest CFA-Level-I Training practice braindumps beckon exam candidates around the world with our attractive characters.
We provide our customers with the most reliable learning materials about CFA-Level-I Passing Score certification exam and the guarantee of pass. We assist you to prepare the key knowledge points of CFA-Level-I Passing Score actual test and obtain the up-to-dated exam answers. All CFA-Level-I Passing Score test questions offered by us are tested and selected by our senior experts in IT filed, which only need little time to focus on the practice and the preparation.
Now, quickly download CFA CFA-Level-I Passing Score free demo for try.
Being anxious for the CFA-Level-I Passing Score exam ahead of you? Have a look of our CFA-Level-I Passing Score training engine please. Presiding over the line of our practice materials over ten years, our experts are proficient as elites who made our CFA-Level-I Passing Score learning questions, and it is their job to officiate the routines of offering help for you. All points are predominantly related with the exam ahead of you. You will find the exam is a piece of cake with the help of our CFA-Level-I Passing Score study materials.
You just need 20-30 hours for preparation and feel confident to face the CFA-Level-I Passing Score actual test. CFA-Level-I Passing Score questions & answers cover all the key points of the real test.
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.
And if you want to get all benefits like that, our ACFCS CFCS training quiz is your rudimentary steps to begin. The more time you spend in the preparation for Microsoft MS-721 training materials, the higher possibility you will pass the exam. If you have bought the CheckPoint 156-521 exam questions before, then you will know that we have free demos for you to download before your purchase. SAP C_HRHPC_2405 - What’s more, our coupon has an expiry date. By concluding quintessential points into HP HPE6-A72 actual exam, you can pass the exam with the least time while huge progress.
Updated: May 26, 2022