There is no doubt that if you pass the CFA-Level-I Test Dumps exam certification test, which means that your ability and professional knowledge are acknowledged by the authority field, we suggest that you can try our CFA-Level-I Test Dumps reliable exam dumps. Although it is difficult to prepare the exam for most people, as long as you are attempting our CFA-Level-I Test Dumps exam dumps, you will find that it is not as hard as you think. What you will never worry about is that the quality of CFA-Level-I Test Dumps exam dumps, because once you haven’t passed exam, we will have a 100% money back guarantee. CFA certification CFA-Level-I Test Dumps exam is a examination to test the examinees' IT professional knowledge and experience, which need to master abundant IT knowledge and experience to pass. In order to grasp so much knowledge, generally, it need to spend a lot of time and energy to review many books. Our CFA-Level-I Test Dumps study materials are compiled and tested by our expert.
CFA Level CFA-Level-I In this, you can check its quality for yourself.
In order to meet the request of current real test, the technology team of research on Omgzlook CFA CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Test Dumps exam materials is always update the questions and answers in time. Once you have checked our demo, you will find the study materials we provide are what you want most. Our target is to reduce your pressure and improve your learning efficiency from preparing for Trustworthy CFA-Level-I Practice exam.
This is really worth the price, the value it creates is far greater than the price. If your budget is limited, but you need complete exam material. Then you can try the Omgzlook's CFA CFA-Level-I Test Dumps exam training materials.
CFA CFA-Level-I Test Dumps - Our strength will make you incredible.
The secret that Omgzlook helps many candidates pass CFA-Level-I Test Dumps exam is CFA exam questions attentively studied by our professional IT team for years, and the detailed answer analysis. We constantly updated the CFA-Level-I Test Dumps exam materials at the same time with the exam update. We try our best to ensure 100% pass rate for you.
The opportunity always belongs to a person who has the preparation. But, when opportunities arise, will you seize the opportunities successfully? At present, you are preparing for CFA CFA-Level-I Test Dumps 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.
Besides, the detailed answers analysis provided by our professionals will make you be more confidence to pass SAP C-THR88-2405 exam. CFA SAP C-S4CS-2408 exam is very popular in IT field. If you want to know our Dell D-PWF-RDY-A-00 test questions materials, you can download our free demo now. Have you learned Omgzlook CFA EMC D-VXB-DY-A-24 exam dumps? Why do the people that have used Omgzlook dumps sing its praises? Do you really want to try it whether it have that so effective? Hurry to click Omgzlook to download our certification training materials. Excellent CFA SAP C_S4PPM_2021 study guide make candidates have clear studying direction to prepare for your test high efficiently without wasting too much extra time and energy.
Updated: May 26, 2022