cfa level 1 sample exam 2012 pdf

... 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

... 22) / 110 = 85.45% ≈ 85% First, compute the mean portfolio return = (8.6 + 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 - ... 5Standards 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 a thorough knowledge ... (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

... 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 ... Objectivity 13 Correct answer is A 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 ... 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 a thorough knowledge

Ngày tải lên: 18/06/2019, 15:19

... 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 a thorough knowledge ... 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

... of practice exams is produced by Market Technicians Association, Inc., 61 Broadway, Suite 514 New York, NY 10006 Trang 2CMT Level 1 Sample Questions – Candidate Answer Sheet Trang 31 Annie Jones ... Trang 1SAMPLE CMT LEVEL I EXAM PREFACE: The following document is a sample exam only, not an actual exam of current or former designation in any way ... of which 120 are scored items Candidates are allotted two and half hours to take the Level I exam This sample exam should be completed in 2.5 hours to better simulate performance on the exam Please

Ngày tải lên: 27/04/2023, 15:45

... Trang 1The Morning Session of the 2012 Level III CFA® Examination has 9 questions For grading purposes, the maximum point value ... market is shown in Exhibit 1 Exhibit 1 Alphastan and Betania Equity Markets Average daily volume 25 million shares 15 million shares Latest 12-month market return 5.3% 15.1% Bid Dealer Ask Price ... portfolio allocation is shown in Exhibit 1 Exhibit 1 Alonso’s Current Portfolio Allocation Weight A-rated corporate amortizing ABS 10% AAA-rated government bonds 10% Small-cap domestic equities 25%

Ngày tải lên: 07/09/2018, 11:24

... Level III, Volume 2, Study Session 4, Reading 11 “Taxes and Private Wealth Management in a Global Context,” Stephen M Horan, CFA, and Thomas R Robinson, CFA (CFA Institute, 2008) LOS: 2012-III-2-11-c, ... Trang 15Topic: Behavioral Minutes: 17 Reading References: Level III, Volume 2, Study Session 3, Reading 8 “The Behavioral Biases of Individuals,” Michael M Pompian, CFA (CFA Institute, 2011) ... Session 7, Reading 19 “Equity Market Valuation,” Peter C Stimes, CFA, and Stephen E Wilcox, CFA (CFA Institute, 2010) LOS: 2012-III-3-18-b, c, n–q “Capital Market Expectations” The candidate should

Ngày tải lên: 07/09/2018, 11:48

... all clients Answer = C “Guidance for Standards I–VII” 2012 Modular Level III, Vol 1, pp 27–29, 116–117, 123–126 Study Sessions: 1-2-b Trang 12Recommend practices and procedures designed to prevent ... company investment Answer = C “Guidance for Standards I–VII” 2012 Modular Level III, Vol 1, pp 38–39, 107–108, 116–118 Study Sessions: 1-2-a Demonstrate a thorough knowledge of the Code of Ethics ... Trang 12012 Level III Mock Exam The 2012 Level III Chartered Financial Analyst (CFA®) Mock Examination has 60 questions To best simulate the exam day experience, candidates

Ngày tải lên: 07/09/2018, 11:55

... Trang 12012 Level III Mock Exam The 2012 Level III Chartered Financial Analyst (CFA®) Mock Examination has 60 questions To best simulate the exam day experience, candidates ... will lose at least SEK10 million B 95% probability the portfolio will lose at least SEK10 million C 5% probability the portfolio will lose no more than SEK10 million Trang 1016 With regard to the ... average of 18 minutes per item set (vignette and 6 multiple choice questions) for a total of 180 minutes (3 hours) for this session of the exam Trang 2Ashraf Omar Case Scenario Ashraf Omar, CFA, recently

Ngày tải lên: 07/09/2018, 12:17

... Trang 1The Morning Session of the 2012 Level III CFA® Examination has 9 questions For grading purposes, the maximum point value ... market is shown in Exhibit 1 Exhibit 1 Alphastan and Betania Equity Markets Average daily volume 25 million shares 15 million shares Latest 12-month market return 5.3% 15.1% Bid Dealer Ask Price ... portfolio allocation is shown in Exhibit 1 Exhibit 1 Alonso’s Current Portfolio Allocation Weight A-rated corporate amortizing ABS 10% AAA-rated government bonds 10% Small-cap domestic equities 25%

Ngày tải lên: 07/09/2018, 14:16

... Level III, Volume 2, Study Session 4, Reading 11 “Taxes and Private Wealth Management in a Global Context,” Stephen M Horan, CFA, and Thomas R Robinson, CFA (CFA Institute, 2008) LOS: 2012-III-2-11-c, ... Trang 15Topic: Behavioral Minutes: 17 Reading References: Level III, Volume 2, Study Session 3, Reading 8 “The Behavioral Biases of Individuals,” Michael M Pompian, CFA (CFA Institute, 2011) ... Session 7, Reading 19 “Equity Market Valuation,” Peter C Stimes, CFA, and Stephen E Wilcox, CFA (CFA Institute, 2010) LOS: 2012-III-3-18-b, c, n–q “Capital Market Expectations” The candidate should

Ngày tải lên: 07/09/2018, 14:40

... all clients Answer = C “Guidance for Standards I–VII” 2012 Modular Level III, Vol 1, pp 27–29, 116–117, 123–126 Study Sessions: 1-2-b Trang 12Recommend practices and procedures designed to prevent ... company investment Answer = C “Guidance for Standards I–VII” 2012 Modular Level III, Vol 1, pp 38–39, 107–108, 116–118 Study Sessions: 1-2-a Demonstrate a thorough knowledge of the Code of Ethics ... Trang 12012 Level III Mock Exam The 2012 Level III Chartered Financial Analyst (CFA®) Mock Examination has 60 questions To best simulate the exam day experience, candidates

Ngày tải lên: 07/09/2018, 14:46

... Trang 12012 Level I Mock Exam: Afternoon Session The afternoon session of the 2012 Level I Chartered Financial Analyst (CFA®) Mock Examination has 120 questions To best simulate the exam day ... = 150 – 5 × Q Total revenue curve TR = 150 × Q – 5 × Q2 Marginal revenue curve MR = 150 – 10 × Q Total cost curve TC = Q3 – 10 × Q2 + 73 × Q + 120 Average cost curve AC = Q2 – 10 × Q + 73 + 120/Q ... allocate an average of 1.5 minutes per question for a total of 180 minutes (3 hours) for this session of the exam 1–18 Ethical and Professional Standards 27 Trang 2Questions 1 through 18 relate to Ethical

Ngày tải lên: 18/06/2019, 15:21

... Trang 12012 Level I Mock Exam: Morning Session The morning session of the 2012 Level I Chartered Financial Analyst (CFA®) Mock Examination has 120 questions To best simulate the exam day experience, ... allocate an average of 1.5 minutes per question for a total of 180 minutes (3 hours) for this session of the exam 1–18 Ethical and Professional Standards 27 Trang 2Questions 1 through 18 relate to Ethical ... August 31 st (US$ thousands) The cash collected from customers in 2011 is closest to: A $88,500 B $96,100 C $111,500 Trang 1549 Selected information for a company and the common size data for

Ngày tải lên: 18/06/2019, 15:21

... Trang 12012 Level I Mock Exam: Morning Session The morning session of the 2012 Level I Chartered Financial Analyst (CFA®) Mock Examination has 120 questions To best simulate the exam day experience, ... mean Trang 1321 A project offers the following incremental after-tax cash flows: 2012 Modular Level I, Vol 1, pp 314–317 “Capital Budgeting,” John Stowe and Jacques R Gagne 2012 Modular Level I, ... (21 – 3.6)2] ÷ 9 = 117.6 and s = 10.844 The standard error of the sample mean is, therefore, 10.844 ÷ 100.5 = 3.429 Trang 1524 A subset of a population is best described as a: 2012 Modular Level

Ngày tải lên: 18/06/2019, 15:21

... compared: 7 150 – 10 × 7 = 80 3 × 7 2 – 20 × 7 + 73 = 80 805 484 321 8 150 – 10 × 8 = 70 3 × 8 2 – 20 × 8 + 73 = 105 880 576 304 11 150 – 10 × 11 = 40 3 × 11 2 – 20 × 11 + 73 = 216 1045 1045 0 Trang ... and David E Runkle 2012 Modular Level I, Vol 1, pp 312–314 “Capital Budgeting,” John Stowe and Jacques R Gagne 2012 Modular Level I, Vol 4, pp 10–11 Study Session 2-6-a, 11-36-d Calculate and ... the project with the: 2012 Modular Level I, Vol 1, p 318 “Capital Budgeting,” John D Stowe and Jacques R Gagne 2012 Modular Level I, Vol 4, pp 13–15 Study Session 2-6-b, 11-36-d, e Contrast the

Ngày tải lên: 18/06/2019, 15:21

... Trang 12013 Level III Sample Exam Version 1Jacaranda Asset Management Case Scenario Most financial services regulatory bodies ... relative to the strategic asset allocations? 14 Which of the asset allocation rules in Thompson's IPS is least appropriate? A Rule 1 B Rule 2 C Rule 3 Trang 1115 The tactical asset allocation rules ... four CFA charterholders among its senior management Their participation in the CFA examination program has enhanced their investment management skills All of these managers passed the three exams

Ngày tải lên: 07/09/2018, 10:24

... Standards I-VII,” CFA Institute 2011 Modular Level III, Vol 1, pp 101 – 103 Study Session 1–2–b Trang 11By accessing this mock exam, you agree to the following terms of use: This mock exam is provided ... Misrepresentation C Reference to CFA Designation Answer = A “Guidance for Standards I-VII,” CFA Institute 2011 Modular Level III, Vol 1, pp 19-21, 63-64, 145 Study Session 1–2–a Demonstrate a thorough ... currently-registered CFA candidates; copying, posting to any website, emailing, distributing and/or reprinting the mock exam for any purpose 2011 Level III Mock Exam The 2011 Level III Chartered

Ngày tải lên: 07/09/2018, 11:53

... Standards Answer: A Guidance for Standards I – VII, CFA Institute 2010 Modular Level III, Vol 1, pp 15-17, 29-31, 69-71 Study Sessions 1-2-a Trang 10Demonstrate a thorough knowledge of the Code of ... enrollment C Yes, with regard to completion level Answer: B Guidance for Standards I – VII, CFA Institute 2010 Modular Level III, Vol 1, pp 103-105 Study Sessions 1-2-a Demonstrate a thorough knowledge ... of a demanding work schedule, he did not enroll for the 2010 Level III exam He hopes to enroll for the 2011 Level III exam In January 2010, Peña decides to apply for a broker position with Harvest

Ngày tải lên: 07/09/2018, 12:05

... Trang 12013 Level III Mock Exam The 2013 Level III Chartered Financial Analyst (CFA®) Mock Examination has 60 questions To best simulate the exam day experience, candidates ... Management,” Don M Chance, Kenneth Grant, and John Marsland 2013 Modular Level III, Vol 5, Reading 34, Section 4.1, Section 4.11 Study Session 14–34–d Evaluate a company’s or a portfolio’s exposures ... Gary L Gastineau, Andrew R Olma, and Robert G Zielinski 2013 Modular Level III, Vol 4, Reading 27, Section 5.1.5, 5.1.6 Study Session 11–27–j,k Compare the methodologies used to construct equity

Ngày tải lên: 07/09/2018, 12:07