Our experts have experience of the exam for over ten years. So our CFA-Level-I Updated Test Cram practice materials are their masterpiece full of professional knowledge and sophistication to cope with the CFA-Level-I Updated Test Cram exam. They have sublime devotion to their career just like you, and make progress ceaselessly. The clients can understand the detailed information about our products by visiting the pages of our products on our company’s website. Firstly you could know the price and the version of our CFA Institute CFA Level I Chartered Financial Analyst study question, the quantity of the questions and the answers, the merits to use the products, the discounts, the sale guarantee and the clients’ feedback after the sale. As long as you study with ourCFA-Level-I Updated Test Cram learning guide, you will be sure to get your dreaming certification.
CFA Level CFA-Level-I You still can pass the exam with our help.
In order to follow this trend, our company product such a CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Updated Test Cram exam questions that can bring you the combination of traditional and novel ways of studying. If you try on it, you will find that the operation systems of the CFA-Level-I Exam Forum exam questions we design have strong compatibility. So the running totally has no problem.
Our research and development team not only study what questions will come up in the CFA-Level-I Updated Test Cram exam, but also design powerful study tools like exam simulation software.The content of our CFA-Level-I Updated Test Cram practice materials is chosen so carefully that all the questions for the exam are contained. And our CFA-Level-I Updated Test Cramstudy materials have three formats which help you to read, test and study anytime, anywhere. This means with our products you can prepare for CFA-Level-I Updated Test Cram exam efficiently.
Because it can help you prepare for the CFA CFA-Level-I Updated Test Cram exam.
Which kind of CFA-Level-I Updated Test Cram certificate is most authorized, efficient and useful? We recommend you the CFA-Level-I Updated Test Cram certificate because it can prove that you are competent in some area and boost outstanding abilities. If you buy our CFA-Level-I Updated Test Cram study materials you will pass the test smoothly and easily. We boost professional expert team to organize and compile the CFA-Level-I Updated Test Cram training guide diligently and provide the great service.
It means that if you do not persist in preparing for the CFA-Level-I Updated Test Cram exam, you are doomed to failure. So it is of great importance for a lot of people who want to pass the exam and get the related certification to stick to studying and keep an optimistic mind.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
Service cost recognized in an employer-sponsored defined benefit plan and included in the net pension expense calculation represents the:
A. Increase in the projected benefit obligation resulting from the passage of time.
B. Actuarial present value of benefits attributed by the pension benefit formula to an employee during a period.
C. Amortization of the discount on unrecognized prior service costs.
Answer: B
Explanation: Per SFAS No. 87, service cost is defined as the actuarial present value of benefits attributed
by the pension benefit formula to an employee during a period.
QUESTION NO: 2
The British pound sterling has a bid price of $1.4419 and an ask price of $1.4428. What is the bid-ask spread?
A. 0.62%
B. 0.09%
C. 0.062%
Answer: C
Explanation: The bid-ask spread is computed as follows: Percent spread = (Ask price - Bid price)/Ask price X 100, or 1.4428 - .4419/1.4428 X 100 = 0.062%.
QUESTION NO: 3
Which of the following calculations can be successfully performed without knowing the required rate of return?
I). Net Present Value
II). Internal Rate of Return
III). Modified Internal Rate of Return
IV). Time-weighted Rate of Return
V. Dollar-weighted Rate of Return
VI). Valuing a common stock using the Dividend Discount Model
VII). Valuing a common stock using the Free-cash-flow-to-equity Model
A. II, IV, V
B. II, V, VI
C. II, IV, V, VI, VII
Answer: A
Explanation: Of the financial figures listed, only the Internal Rate of Return, which is also known as the
"Dollar-Weighted Rate of Return," and the Time-Weighted Rate of Return, can be calculated without knowing the required rate of return.
QUESTION NO: 4
A corporation's free cash flow is its:
A. Cash flow from operating activities that is not subject to income taxes.
B. Cash flow from operating activities available after basic business obligations have been met.
C. Cash flow from operating activities less all cash payments for investing and financing activities.
Answer: B
QUESTION NO: 5
A firm should cease to do business when:
A. Price average variable cost
B. Price marginal cost
C. Price average total cost
Answer: A
Explanation: A firm should cease to do business when P AVC. In this case the company is not even making incremental revenue for each additional product sold. When AVC P ATC, the firm while not profitable will be making money above its variable costs. If P MC or ATC MC, the firm may be profitable
but not maximizing profit potential.
More importantly, if you take our products into consideration, our VMware 2V0-32.22 study materials will bring a good academic outcome for you. In addition, you can get the valuable H3C GB0-372-ENU certificate. Salesforce Data-Cloud-Consultant - Keep making progress is a very good thing for all people. Do not worry, in order to help you solve your problem and let you have a good understanding of our Microsoft PL-900-KR study practice dump, the experts and professors from our company have designed the trial version for all people. With the help of our CompTIA PT0-002 training guide, your dream won’t be delayed anymore.
Updated: May 26, 2022