CFA 2018 quest bank answers reading 30 answers

1ÿ 7ÿ51ÿ012ÿ 123ÿÿÿ 0123ÿ567ÿ89    !"#$%&ÿ()*ÿ+,+,- 89:!;ÿ(&&"ÿ!? $@A!&#ÿ>$#Bÿ9ÿ#9Cÿ:9"!ÿ%DÿE+ F -ÿ9&Gÿ9ÿ$;;ÿPQRSÿUVWXUYÿ$;;ÿ$&$;;ÿ$&$;;ÿ:!ÿH!D;!1*. 01234567ÿ?@6ABÿCÿDÿEÿ>+2:ÿFÿEÿGHCÿ2 I2JK42LÿMK42@5KJB N-ÿO./ÿ4-ÿGHC 01234567ÿ9'ÿ6ÿ ÿÿ&( Y6.6ÿ1ÿ6ÿ1,,W:ÿ+ÿW,,ÿZ[\]ÿ_`ab_cÿ*?E 01234567ÿYZ6[\ÿ]ÿÿ^ÿ;=D_ÿ(ÿ^ÿ`a]ÿ b2cd42eÿfd42Z5dc\ gQÿhEBÿIQÿ`a] 01234567ÿ9 &ÿ6 ÿ  ÿÿ'(') Nÿ>?HÿDÿÿ=Diÿÿ>=E=@ÿ=Hÿ>?ÿ=ÿEC=_ÿÿCÿ=Aÿ?=PÿM=A=I@ÿEHÿÿF(j(((ÿ=DÿB?=AÿEHÿ FG(j(((PÿMCÿE??ÿ=Aÿ?=ÿÿ(Ojÿ=DÿCÿkÿ=Aÿ?=ÿÿ(OPÿMCÿ>>Eÿÿ=AÿB=Q=I@ÿ>ÿ=Di_ÿCÿ=Aÿ?=ÿ 5l6m+m:ÿ:6 # !"Fj(((P $"Fj(((P %"F'j(((P SAB@== '()*+ÿ,-'ÿ.ÿ*)/ÿ01)ÿ*+ÿ1)ÿ1*,*2ÿ)3)/4ÿ'5*+*02ÿ,-'ÿÿ*)/ÿ01)ÿ*+ÿ1)ÿ,-3/ *+ÿ3*6*027ÿ89)ÿ*+ÿ3*6*02ÿ)1)ÿÿ9ÿ*,*2ÿ*+ÿ2*026ÿÿ9ÿ/:)-4ÿ;,ÿ*+*02ÿ,-ÿÿÿ?ÿ==&4>ÿ@ÿÿ6ÿ*'4ÿ'*ÿ6ÿ4B E=)' 01234567ÿFG6HIÿ&ÿÿJÿE*4:ÿC2ÿJÿKL&ÿY M2NO42PÿQO42G5ONI R>ÿS'(ÿ6>ÿKL& 01234567ÿ9 ÿ6 ÿ  ÿÿ W)ÿ5ÿ>*)ÿ44ÿCÿ',6)ÿZ221ÿV'[ÿS\ÿ()*+ÿ=*'*7ÿ*,ÿ',ÿ;*ÿ.221222ÿ*4ÿÿ*+*67ÿ',ÿ;* C221222Bÿ95ÿ4==)'ÿÿ4ÿÿ5ÿ=77;: )ÿÿ*+]+,(ÿ,'(*7ÿ64 21222 V),,ÿ+(ÿÿ[>ÿ()ÿ7=ÿ)*'.-212223 9*7 221222 V'[\ÿ*)>ÿ',ÿ*+ÿ)*ÿÿC2ÿ()'BÿÿÿZ22ÿ',ÿ*,1ÿ;5*ÿ*,ÿ574ÿV'[ÿ)()ÿ*ÿ'))ÿ()*67^ !".2Z1222B $".Z21222B # %"./21222B X+(7** T'')4:ÿÿ&WT&ÿ2/1ÿS))ÿ()ÿ)*ÿ_ÿ*+*67ÿ', *ÿ+ÿ,-.ÿ/-0-12ÿ3ÿ45 +ÿ6ÿ7ÿ45 +ÿ485 9:;6?@ÿAÿ(ÿBÿ9-CDÿÿBÿEFAÿC G2HI42JÿKI42>5IH@ L0ÿM