All your dreams will be fully realized after you have obtained the CFA-Level-I Test Forum certificate. Finding a good paying job is available for you. Good chances are few. Our PDF version of CFA-Level-I Test Forum training materials is legible to read and remember, and support printing request. Software version of CFA-Level-I Test Forum practice materials supports simulation test system, and give times of setup has no restriction. Once you pay for our study materials, our system will automatically send you an email which includes the installation packages.
CFA Level CFA-Level-I Also, the system will deduct the relevant money.
CFA Level CFA-Level-I Test Forum - CFA Institute CFA Level I Chartered Financial Analyst But if it is too complex, not only can’t we get good results, but also the burden of students' learning process will increase largely. Now, we have launched some popular Valid CFA-Level-I Practice Questions training prep to meet your demands. And you will find the quality of the Valid CFA-Level-I Practice Questions learning quiz is the first-class and it is very convenient to download it.
All applicants who are working on the CFA-Level-I Test Forum exam are expected to achieve their goals, but there are many ways to prepare for exam. Everyone may have their own way to discover. Some candidates may like to accept the help of their friends or mentors, and some candidates may only rely on some CFA-Level-I Test Forum books.
CFA CFA-Level-I Test Forum - Please pay more attention to our website.
Considering many exam candidates are in a state of anguished mood to prepare for the CFA-Level-I Test Forum exam, our company made three versions of CFA-Level-I Test Forum real exam materials to offer help. All these variants due to our customer-oriented tenets. As a responsible company over ten years, we are trustworthy. In the competitive economy, this company cannot remain in the business for long. But we keep being the leading position in contrast. We are reactive to your concerns and also proactive to new trends happened in this CFA-Level-I Test Forum exam.
They used their knowledge and experience as well as the ever-changing IT industry to produce the material. The effect of Omgzlook's CFA CFA-Level-I Test Forum exam training materials is reflected particularly good by the use of the many candidates.
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
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: 5
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.
The content of Microsoft AZ-104 study material is comprehensive and targeted so that you learning is no longer blind. If you are still study hard to prepare the CFA H3C GB0-372-ENU exam, you're wrong. Even if you have no basic knowledge about the relevant knowledge, you still can pass the EMC D-RP-OE-A-24 exam. SAP C_CPE_16 - Education degree just mean that you have this learning experience only. With the help of SAP C_TS410_2022 guide questions, you can conduct targeted review on the topics which to be tested before the exam, and then you no longer have to worry about the problems that you may encounter a question that you are not familiar with during the exam.
Updated: May 26, 2022