终于学完了所有的基础知识,到了一显身手的时候了。满腔的做题斗志已经激发出来,但是却遭遇却无题可做的尴尬境遇?!
CFA的备考资料很多,有原版书的习题,也有notes的题目。但是做哪些才能提升效率呢?
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1.Monique Gretta,CFA,is a research analyst at East West Investment Bank.Gretta has several long-standing relationships with mutual funds and institutional investors.
Gretta often provides these clients with draft copies of her research before disseminating the information to all of the bank’s clients.
This practice has helped Gretta avoid several errors in her reports and she believes it is beneficial to the rest of her client base.
Regarding her research,Gretta least likely violated the CFA Institute Code of Ethics and Standards of Professional Conduct because:
A.Her report is a draft.
B.Of her conflicts of interest
C.This practice benefits clients.
2.An increase in the nominal money supply would shift the:
A.IS curve and the LM curve.
B.IS curve and the aggregate demand curve.
C.LM curve and the aggregate demand curve.
3.Freytag Company currently has assets on its balance sheet that are financed with 60%equity and 40%debt.
The company can issue debt at the yield of 8%when the value of the debt doesn’t exceed 1 million.
If larger amounts of debt are issued by the company,the yield of the debt will be 9%.Calculate the break points for the company.
A.1 million
B.1.67 million
C.2.5 million
4.Which of the following is not included in behavior finance?
A.Risk aversion
B.Loss aversion
C.Overconfidence
5.Using the"Four Cs of Credit Analysis"framework,which of the following is the least likely factor to be considered under the category of"capacity"?
A.Industry fundamentals
B.History of fraud or malfeasance
C.Level of competition
6.Which of the following best describes how futures contract payoffs differ from forward contract payoffs?
A.Forward contract payoffs are larger.
B.They are equal,ignoring the time value of money.
C.Futures contract payoffs are larger if the underlying is a commodity.
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