It is also known to us that passing the exam is not an easy thing for many people, so a good study method is very important for a lot of people, in addition, a suitable study tool is equally important, because the good and suitable CFA-Level-I Reliable Study Guide Free Download reference guide can help people pass the exam in a relaxed state. We are glad to introduce the CFA-Level-I Reliable Study Guide Free Download certification dumps from our company to you. We believe our study materials will be very useful and helpful for all people who are going to prepare for the CFA-Level-I Reliable Study Guide Free Download exam. I believe that after you try CFA-Level-I Reliable Study Guide Free Download training engine, you will love them. we believe that all students who have purchased CFA-Level-I Reliable Study Guide Free Download practice dumps will be able to successfully pass the professional qualification exam as long as they follow the content provided by our CFA-Level-I Reliable Study Guide Free Download study materials, study it on a daily basis, and conduct regular self-examination through mock exams. The PDF version of the CFA-Level-I Reliable Study Guide Free Download exam prep has many special functions, including download the demo for free, support the printable format and so on.
CFA Level CFA-Level-I Also, we have benefited from such good behavior.
More about CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Reliable Study Guide Free Download Exams Dumps: If you want to know more about our test preparations materials, you should explore the related CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Reliable Study Guide Free Download exam Page. It is known to us that preparing for the exam carefully and getting the related certification are very important for all people to achieve their dreams in the near future. It is a generally accepted fact that the New CFA-Level-I Test Dumps Demo exam has attracted more and more attention and become widely acceptable in the past years.
About some tough questions or important points, they left notes under them. Besides, our experts will concern about changes happened in CFA-Level-I Reliable Study Guide Free Download study prep all the time. Provided you have a strong determination, as well as the help of our CFA-Level-I Reliable Study Guide Free Download learning guide, you can have success absolutely.
CFA CFA-Level-I Reliable Study Guide Free Download - Just come and buy it!
The dynamic society prods us to make better. Our services on our CFA-Level-I Reliable Study Guide Free Download exam questions are also dependable in after-sales part with employees full of favor and genial attitude towards job. So our services around the CFA-Level-I Reliable Study Guide Free Download training materials are perfect considering the needs of exam candidates all-out. They bravely undertake the duties. Our staff knows our CFA-Level-I Reliable Study Guide Free Download study quiz play the role of panacea in the exam market which aim to bring desirable outcomes to you.
We believe if you compare our CFA-Level-I Reliable Study Guide Free Download training guide with the others, you will choose ours at once. Our CFA-Level-I Reliable Study Guide Free Download study materials have a professional attitude at the very beginning of its creation.
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.
As we know, our products can be recognized as the most helpful and the greatest IIA IIA-CIA-Part2-KR study engine across the globe. EMC D-ZT-DS-23 - What are you waiting for? EMC D-PVM-OE-23 - Service is first! At the same time, as long as the user ensures that the network is stable when using our EMC D-DP-FN-23 training materials, all the operations of the learning material of can be applied perfectly. SAP C_HRHFC_2405 - We will inform you by E-mail when we have a new version.
Updated: May 26, 2022