cfa level 1 practice exam free

... supervisors 18 Correct answer is B Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp 83-85, 113-115 Standards I-VII 2008 Modular Level I, Vol 1, pp 69-71, 89-91 Study Session 1-2-a ... + 11.2 + 12.9 + 15.1 - 9.4) / 5 = 7.68% Mean absolute deviation = (|8.6 - 7.68| + |11.2 - 7.68| + |12.9 - 7.68| + |15.1 - 7.68| + |-9.4 - 7.68|) / 5 = 6.83% Variance = [(8.6 - 7.68)2 + (11.2 ... (100 + 150) / 2 = 125, the % change in quantity = 50 / 125 = 40; The average price = (150 + 200) / 2 = 175, the % change in price = 50 / 175 = 28.6 Elasticity of supply = 40 / 28.6 = 1.40 41、

Ngày tải lên: 18/06/2019, 15:19

... 10) + (0.25 x 16) + (0.10 x 20) = 11.8% The expected standard deviation is calculated as follows: σ2 = 0.35 x (8 - 11.8)2 + 0.30 x (10 - 11.8)2 + 0.25 x (15 - 11.8)2 + 0.10 x (20 - 11.8)2 = 15.31 ... (0.6) = 1.20 ks = 4.20 + 5.60(1.50) = 12.60%; V = 1.20(1.051) / (0.126 - 0.051) = $16.82 91 “Option Markets and Contracts”, Don M Chance 2008 Modular Level I, Vol 6, pp 90-93 Study Session 17-73-d ... the agreement 18 Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp 83-85, 113-115 Standards I-VII 2008 Modular Level I, Vol 1, pp 69-71, 89-91 Study Session 1-2-a demonstrate

Ngày tải lên: 18/06/2019, 15:19

... as a CFA Candidate 16 Correct answer is D Standards of Practice Handbook, 9th edition (CFA Institute, 2005), p 131 Standards I-VII 2008 Modular Level I, Vol 1, pp 101-102 Study Session 1-2-a ... closest to: Money-weighted rate of return Time-weighted rate of return A 11.02% 8.53% B 11.02% 11.02% C 11.60% 8.53% D 11.60% 11.02% Select exactly answer(s) from the following: A AnswerA B AnswerB ... following: A $100,000 B $116,000 C $121,000 D $137,000 110 Correct answer is D “Alternative Investments,” Bruno Solnik and Dennis McLeavey 2008 Modular Level I, Vol 6, pp 193-194 Study Session 18-76-f

Ngày tải lên: 18/06/2019, 15:19

... Trang 3Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp 15-16, 83, 91, 113 Standards I-VII 2008 Modular Level I, Vol 1, pp 21-22, 69, 75, 89 Study Session 1-2-a demonstrate ... for his new employer 13 Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp 113-115 Standards I-VII 2008 Modular Level I, Vol 1, pp 89-91 Study Session 1-2-a demonstrate a thorough ... referral fee arrangement 16 Standards of Practice Handbook, 9th edition (CFA Institute, 2005), p 131 Standards I-VII 2008 Modular Level I, Vol 1, pp 101-102 Study Session 1-2-a demonstrate a thorough

Ngày tải lên: 18/06/2019, 15:19

... into fifths into tenths Percentile (100) Statistical Concepts and Market Rerurns - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS Ly =(n+1) x y /100 WAY TO FINANCE SUCCESS - Website: ... Conflict of interest Responsibilities as a CFA Institute member or CFA Candidate Code Of Ethics And Standards Of Professional Conduct - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS ... potential employees 2.1 Standard I PROFESSIONALISM - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS WAY TO FINANCE SUCCESS - Website: http://waytofinancesuccess.com a1 Why were the

Ngày tải lên: 28/03/2018, 16:43

... FinQuiz.com © 2017- All rights reserved CFA Level III Mock Exam – Questions (AM) FinQuiz.com – 1st Mock Exam 2017 (AM Session) The morning session of the 2017 Level III CFA Examination has questions ... CFA Level III Mock Exam – Questions (AM) FinQuiz.com CFA Level III Mock Exam June, 2017 Copyright © 2010-2017 FinQuiz.com All rights reserved Copying, ... tolerance Answer Question 1-D in the Template provided on page (10 minutes) FinQuiz.com © 2017- All rights reserved CFA Level III Mock Exam – Questions (AM) Template for Question 1-D Choose whether

Ngày tải lên: 10/09/2018, 08:25

... 2017 CFA® EXAM REVIEW ANSWERS AND SOLUTIONS LEVEL I CFA ® MOCK EXAM Mock Exam Mock Exam – Morning Session – Solutions Questions 1–18 relate to Ethics Phil Jones, CFA, has just finished ... infringement of copyright 165 Answer: C PV = FV / (1 + r)N 65 = 100 / (1 + r)4×5 r = 2.177% More simply: N = 20; FV = 100; PV = –65; CPT I/Y; I/Y = 2.177% 2.177% ì = 8.71% â Wiley 2017 All Rights Reserved ... $79 © Wiley 2017 All Rights Reserved Any unauthorized copying or distribution will constitute an infringement of copyright 168 Questions 111–114 relate to Alternative Investments 111 Which of the

Ngày tải lên: 09/09/2020, 17:03

... correct treatment of flotation costs 11 .35.f 11 .36.a 11 .36.b 11 .36.c 11 .36.d 11 .36.e 11 .36.f 11 .36.g 11 .36.h 11 .36.i 11 .36.j 11 .36.k 11 .36.l describe expected relations ... evaluating the qualifications of board members 11 .39.a 11 .39.b 11 .39.c 11 .39.d 11 .39.e 11 .39.f 11 .39.g 11 .40.a 11 .40.b 11 .40.c 11 .40.d describe primary and secondary sources ... portfolio standard deviation 11 .40.e 11 .40.f 11 .40.g 12 . 41. a 12 . 41. b 12 . 41. c 12 . 41. d 12 . 41. e 12 .42.a 12 .42.b 12 .42.c 12 .42.d 12 .42.e describe responsibilities

Ngày tải lên: 06/06/2015, 16:02

... −5 / 47.5 = -0.105 or -10.5% The percent change in price is = (1,200 − 1,000) / [(1,000 + 1,200) / 2] = 200 / 1,100 = 0.1818 or 18.2% The price elasticity of demand is -10.5 / 18.2 = -0.58 This ... $41,000) / $47,000 = 25.53% 30.30% / 25.53% = 1.18 1.18 > 1 so Tskitishvili would conclude that computers are a luxury good This question tested from Session 4, Reading 13, LOS a, (Part 1) ... A) luxury good with income elasticity of 1.01 Trang 13Your answer: A was incorrect The correct answer was B) luxury good with income elasticity of 1.18 % change in computers demanded = ( 0.57-

Ngày tải lên: 06/06/2015, 16:36

... Portfolios 2010 8.4 10.2 0.7 1,834 2,125 18,222 100 2009 21.1 21.1 1.1 1,730 2,130 17,635 100 2008 –39.7 –39.8 1.0 1,631 2,141 19,246 100 2007 1.4 6.2 1.2 1,532 2,127 14,819 100 2006 11.4 10.5 0.9 1,428 ... 0.9 1,428 2,116 12,362 100 2005 1.0 4.3 0.8 68 1,115 12,051 2004 6.8 4.9 1.0 52 1,110 13,419 2003 23.9 27.0 1.1 46 990 10,612 2002 –24.4 –19.1 0.9 38 975 9,422 2001 –17.7 –12.8 0.8 41 870 8,632 ... 175.0 38.5 64.2 2002 82.3 1.0 175.0 78.8 52.5 2003 129.5 29.9 175.0 105.0 58.3 2004 143.5 42.3 175.0 120.8 41.6 2005 157.5 97.0 175.0 119.0 37.8 2006 166.2 129.3 175.0 112.0 31.1 2007 171.5 184.7

Ngày tải lên: 24/05/2016, 19:33

... proposed financing $180,000 $15,000 $10,000 $18,000 $21,000 $16,000 The annual net operating income (NOI) for the apartment complex is closest to: A $116,000 B $121,000 C $137,000 111 Hedge funds that ... 6.2 8.9 9.3 10.5 11.7 12.3 14.1 15.3 The geometric mean return (%) is closest to: A 9.62 B 10.80 C 10.89 By accessing this mock exam, you agree to the following terms of use: This mock exam is provided ... 33-44 Economics 18 45-68 Financial Statement Analysis 36 69-78 Corporate Finance 15 79-90 Equity Investments 18 91-96 Derivative Investments 97-108 Fixed Income Investments 18 109-114 Alternative

Ngày tải lên: 28/03/2018, 16:37

... = [(1+rt,1)ì (1+rt,2)ì (1+rt,n)] -1 Annualized TWR (when investment is for more than one year) ^ = _ + D O1 + D` … + + D3 Pbc _1 • TWR (for the year) = rTWR = [(1+R1)× (1+R2)×… (1+R365)] -1 where ... the distribution | XXXX 10 Weighted Mean = ‰ Š = ∑„HZ „ ‰„ = (w1X1+ w2X2+….+ wnXn) where X1, X2… Xn = observed values and w1, w2… wn = corresponding weights, sum to 11 Geometric Mean = GM = c‹‰ ... Volume 1: Quantitative Methods Formula Sheet Level I 2015 FinQuiz Formula Sheet Volume 1: Quantitative Methods Reading 5: The Time Value of Money Interest Rate • Interest Rate = Real Risk Free

Ngày tải lên: 28/03/2018, 16:44

... Growth 18 Undersranding Bwincss Cydcs 19 Monetary and Fiscal Policy page 124 page 155 page 177 , STUDY SESSION Reading ~signmenu uonom;t:f CFA Program Level I 2014 Curriculum Volume (CFA Institute, ... ~signmenu uonom;t:f CFA Program Level I 2014 Curriculum Volume (CFA Institute, 2013) 13 Demand and Supply An:a.lysis:Introduction 14 Demand and Supply An:a.lysis:Consumer Demand 15 Demand and Supply ... moncy 178 Nash equilibrium 104 national income 128 nawn! monopoly 93 II natusa! rate of unemploymrnt 167 natural nosourcos 144 Neoclassical school 159 ner rxporu 127.208 New Classical school 160

Ngày tải lên: 28/03/2018, 16:50

... targeting 190 expansion 157 expansionary fiscal policy 138 expansionary monetary policy 137, 179, 191 expected inflation 169 expenditure approach 127 exports 210 export subsidies 217, 218 external ... banking 181 free rider problem 25 free trade 210 frictional unemployment 162 full-employment GDP 136 G GDP deflator 128 general equilibrium analysis 16 I impact lag 198 imports 210 income approach 127 ... Herfindahl-Hirschman Index 116 human capital 145 hyperinflation 164 excess capacity 102 excess demand 15 excess reserves 181 excess supply exchange rate regimes 239 exchange rates 138, 139, 231 exchange rate

Ngày tải lên: 28/03/2018, 17:02

... effective annual rate is (1 + 0.06 / 4)4 = 1.0154 — = 6.136% and a $1,000 investment will return $1,000(1.06136) = $1,061.36 at the end of one year ©2014 Kaplan, Inc Page 241 PRINTED BY: Stephanie ... properties 10 B Management fee is £155 million x 0.02 = £3.1 million Incentive fee is (£155 million - £150 million) x 0.20 = £1.0 million Total fee is £3.1 million 11 A + £1.0 million = £4.1 million ... Analysis page 103 page 133 STUDY SESSION 17 Reading Assignments Derivatives and Alternative Investments, CFA Program Level I 2015 Curriculum, Volume (CFA Institute, 2014) page 165 57 Derivative

Ngày tải lên: 28/03/2018, 17:03

... Trang 1Konvexity CFA Level I MOCK EXAM (Time: 180 Minutes) This Mock Examination has 120 questions You have 180 minutes to complete the exam To best simulate the exam day experience, ... Financial Statement Analysis 45 For 2011, Konvexity Institute had net income of $25,000 At 1 January 2011, there were 12,500 shares outstanding On 1 April 2001, the company issued 2,000 new shares ... description of her status for inclusion in investment literature? A CFA level I pass B CFA level II expected next June C CFA level I pass (2005) 15 Diego Rocha is a stock broker in Brazil, a country with

Ngày tải lên: 28/06/2018, 16:57

... Corporate Finance 15 79-90 Equity Investments 18 91-96 Derivative Investments 97-108 Fixed Income Investments 18 109-114 Alternative Investments 115-120 Portfolio Management Total ©2012 Konvexity ... Konvexity CFA Level I MOCK EXAM (Time: 180 Minutes) This Mock Examination has 120 questions You have 180 minutes to complete the exam To best simulate the exam day experience, please ... at the end of first year is at 1,250 and 1,200 What is the payoff from this swap position if the notional principal is $1 million? A Loss of $111,667 B Loss of $110,000 C Loss of $30,000 96 The

Ngày tải lên: 30/06/2018, 09:03

... Corporate Finance 15 79-90 Equity Investments 18 91-96 Derivative Investments 97-108 Fixed Income Investments 18 109-114 Alternative Investments 115-120 Portfolio Management Total ©2012 Konvexity ... Konvexity CFA Level I MOCK EXAM (Time: 180 Minutes) This Mock Examination has 120 questions You have 180 minutes to complete the exam To best simulate the exam day experience, please ... at the end of first year is at 1,250 and 1,200 What is the payoff from this swap position if the notional principal is $1 million? A Loss of $111,667 B Loss of $110,000 C Loss of $30,000 96 The

Ngày tải lên: 13/08/2018, 11:00

... 99) D 10 0) B 10 1) D 10 2) C 10 3) A 10 4) B 10 5) C 10 6) A 10 7) D 10 8) D 10 9) D 11 0) B 11 1) A 11 2) B 11 3) A 11 4) C 11 5) C 11 6) D 11 7) D 11 8) C 11 9) C 12 0) A Answers 1) A Standard V(A), Prohibition ... Schweser Online Test # = 613 412 Correct Answers 1) A 2) D 3) A 4) A 5) B 6) C 7) A 8) D 9) A 10 ) A 11 ) B 12 ) C 13 ) B 14 ) A 15 ) D 16 ) D 17 ) C 18 ) A 19 ) C 20) D 21) A 22) B 23) C 24) A 25) ... 7. 11 0) B Covariance = (1/ n)(S (RX –ERX)(RY – ERY)) mean X = (7+9 +10 +10 )/4 = 9; mean Y = (5+8 +11 +8)/4 = 8 Cov = [(7-9)(5-8)+(9-9)(8-8)+ (10 -9) (11 -8)+ (10 -9)(8-8)] / 4 = 2.25 11 1) A Portfolio...

Ngày tải lên: 21/01/2014, 02:20

... Year 1 2 3 4 5 6 7 8 9 10 Return (%) 2.2 6.2 8.9 9.3 10 .5 11 .7 12 .3 14 .1 15 .3 18 .4 The geometric mean return (%) is closest to: A. 9.62. B. 10 .80. C. 10 .89. ... Robinson, CFA, Jan Hendrik van Greuning, CFA, Karen O’Connor Rubsam, CFA, R. Elaine Henry, CFA, and Michael A. Broihahn, CFA 2 010 Modular Level 1, Vol. 3, pp. 10 6 -10 8 Study Session 7- 31- d Describe ... supplied is 5 / 27.5 = 0 .18 1 818 . Average price is (20 + 15 ) / 2 = 17 .5 and the percentage change in price is 5 / 17 .5 = 0.285 714 . The elasticity of supply is 0 .18 1 818 / 0.285 714 = 0.636364. ...

Ngày tải lên: 21/01/2014, 03:20