An ancient Chinese proverb states that “The journey of a thousand miles starts with a single step”. To be recognized as the leading international exam bank in the world through our excellent performance, our CFA Institute CFA Level I Chartered Financial Analyst qualification test are being concentrated on for a long time and have accumulated mass resources and experience in designing study materials. There is plenty of skilled and motivated staff to help you obtain the CFA Institute CFA Level I Chartered Financial Analyst exam certificate that you are looking forward. But the mystery is quite challenging to pass CFA-Level-I Study Solutions exam unless you have an updated exam material. Thousands of people attempt CFA-Level-I Study Solutions exam but majorly fails despite of having good professional experience, because only practice and knowledge isn’t enough a person needs to go through the exam material designed by CFA, otherwise there is no escape out of reading. You deserve this opportunity to win and try to make some difference in your life if you want to attend the CFA-Level-I Study Solutions exam and get the certification by the help of our CFA-Level-I Study Solutions practice braindumps.
CFA Level CFA-Level-I Also it is good for releasing pressure.
CFA Level CFA-Level-I Study Solutions - CFA Institute CFA Level I Chartered Financial Analyst Your decision of the practice materials may affects the results you concerning most right now. Do not lose hope and only focus on your goal if you are using Reliable CFA-Level-I Exam Camp File dumps. It is a package of Reliable CFA-Level-I Exam Camp File braindumps that is prepared by the proficient experts.
It is a popular belief that only processional experts can be the leading one to do some adept job. And similarly, only high quality and high accuracy CFA-Level-I Study Solutions exam questions like ours can give you confidence and reliable backup to get the certificate smoothly because our experts have extracted the most frequent-tested points for your reference. Good practice materials like our CFA Institute CFA Level I Chartered Financial Analyst study question can educate exam candidates with the most knowledge.
CFA CFA-Level-I Study Solutions - Never stop challenging your limitations.
CFA Institute CFA Level I Chartered Financial Analyst exam tests are a high-quality product recognized by hundreds of industry experts. Over the years, CFA-Level-I Study Solutions exam questions have helped tens of thousands of candidates successfully pass professional qualification exams, and help them reach the peak of their career. It can be said that CFA-Level-I Study Solutions test guide is the key to help you open your dream door. We have enough confidence in our products, so we can give a 100% refund guarantee to our customers. CFA-Level-I Study Solutions exam questions promise that if you fail to pass the exam successfully after purchasing our product, we are willing to provide you with a 100% full refund.
If you want to find a desirable job, you must rely on your ability to get the job. Now, our CFA-Level-I Study Solutions training materials will help you master the popular skills in the office.
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
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: 3
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: 4
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: 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.
But if the clients buy our SAP C-TS4FI-2023 training quiz they can immediately use our product and save their time. Our EMC D-VXR-DS-00 study materials are ready to help you pass the exam and get the certification. Cisco 350-401 - Today, in an era of fierce competition, how can we occupy a place in a market where talent is saturated? The answer is a certificate. And soon you can get CFA certification Dell D-PDPS-A-01 exam certificate. Fortinet FCP_FCT_AD-7.2 - For example, the software version can simulate the real exam environment.
Updated: May 26, 2022