At the same time, our CFA-Level-I Practice Questions study torrent will also save your time and energy in well-targeted learning as we are going to make everything done in order that you can stay focused in learning our CFA-Level-I Practice Questions study materials without worries behind. We are so honored and pleased to be able to read our detailed introduction and we will try our best to enable you a better understanding of our CFA-Level-I Practice Questions test training better. It is universally acknowledged that CFA certification can help present you as a good master of some knowledge in certain areas, and it also serves as an embodiment in showcasing one’s personal skills. Our website is operated with our CFA-Level-I Practice Questions practice materials related with the exam. We promise you once you make your choice we can give you most reliable support and act as your best companion on your way to success. I believe that with the help of our study materials, the exam is no longer an annoyance.
CFA Level CFA-Level-I Our company is rated as outstanding enterprise.
We have free demos of the CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Practice Questions exam materials that you can try before payment. Our Test CFA-Level-I Labs study materials truly offer you the most useful knowledge. You can totally trust us.
Our service staff will help you solve the problem about the CFA-Level-I Practice Questions training materials with the most professional knowledge and enthusiasm. We believe that can completely dispel your worries on CFA-Level-I Practice Questions exam braindumps. So please feel free to contact us if you have any trouble on our CFA-Level-I Practice Questions practice questions.
Omgzlook CFA CFA CFA-Level-I Practice Questions exam information is proven.
Our three versions of CFA-Level-I Practice Questions exam braindumps are the PDF, Software and APP online and they are all in good quality. All popular official tests have been included in our CFA-Level-I Practice Questions study materials. So you can have wide choices. In fact, all of the three versions of the CFA-Level-I Practice Questions practice prep are outstanding. You will enjoy different learning interests under the guidance of the three versions of CFA-Level-I Practice Questions training guide.
Omgzlook CFA CFA-Level-I Practice Questions exam training materials can help you to come true your dreams. Because it contains all the questions of CFA CFA-Level-I Practice Questions examination.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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: 2
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: 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.
In addition, if you decide to buy Microsoft PL-600 exam materials from our company, we can make sure that your benefits will far exceed the costs of you. NAHQ CPHQ - Don't you feel a lot of pressure? No matter how high your qualifications, it does not mean your strength forever. Next, through my introduction, I hope you can have a deeper understanding of our Palo Alto Networks PCNSE learning quiz. ISC CISSP - 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 ServiceNow CIS-SP guide materials through a variety of electronic devices.
Updated: May 26, 2022