CFA (CFA)

CFA Level 3 Book 4 What are the 4 roles of Equities? -CORRECT ANSWER- 1. Capital Appreciation 2. Dividend Income 3. Diversification (equities have less than perfect correlations with other asset classes) 4. Inflation Hedge (studies generally show positive correlation between equity real returns and inflation) Thematic Investing -CORRECT ANSWER- Screens equities based on a specific theme such as climate change Impact Investing -CORRECT ANSWER- Aims to meet investor objectives by becomin...

Provides in depth information on the readinf:1 of CFA, that is Time Value Of Money. It clearly explains the basics of the topic. This will the help the beginners to fully and easily understand the topic.

CFA Level I Vocabulary question with 100% correct answers 2023 A priori probability - correct answer A probability based on logical analysis rather than on observation or personal judgment. Abnormal profit - correct answer Equal to accounting profit less the implicit opportunity costs not included in total accounting costs; the difference between total revenue (TR) and total cost (TC). Absolute advantage - correct answer A country's ability to produce a good or service at a lower absolut...

CFA question with complete solution rated A+ already passed 2023Our Mission Statement - correct answer We are Remarkable people. Creating Remarkable experiences Showing, Remarkable care Our six Core Values - correct answer Customers First, Continuous Improvement, Contagious Optimism, Culture of Encouragement, Character, Competence, & Chemistry, Culturally Intelligent H.E.A.R.D. Model - correct answer Hear Empathize Apologize Resolve Delight ACT Model - correct answer Acknowledge th...

CFA 1 Questions/Answers correctly 100% fully solved 2023In situations where the laws of a member or candidate's country of residence, the local laws of regions where the member or candidate does business, and the Code and Standards specify different requirements, the member or candidate must abide by: A. local law or the Code and Standards, whichever is stricter. B. the Code and Standards or his country's laws, whichever are stricter. C. the strictest of local law, his country's laws, o...

CFA level 1 question and answers graded A+ already passed 2023faithful representation, substance over form, prudence, neutrality, completeness - correct answer According to the IFRS what are the 5 qualities of financial information that improve reliability Costs can be reliably measured - correct answer According to IFRS what condition must be met for revenue recognition to occur? Current ratio will decrease. Accruing wages increases both current liabilities and expenses, but collecting ...

CFA Level 1 - 101 Must Knows question and answers 2023 verifiedAddition Rule of Probability - correct answer ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - correct answer Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - correct answer Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Central Lim...

CFA Level 1 - Corporate Finance correctly answered 2023Capital Budgeting process - correct answer identifying and evaluating capital projects....projects where the cash flow to the firm will be received over a period longer than a year. Capital Budgeting Steps - correct answer 1) idea generation 2) analyzing project proposals 3) create the firm-wide capital budget 4) monitoring decisions and conducing a post-audti Cap Budgeting Principals - correct answer 1) decisions based on cash flow...

CFA Level 1 - Fixed Income question and answers graded A+ 2023Bond Indenture - correct answer Contract that specifies all the rights and obligations of the issuer and owners of a fixed income security. Negative Covenants - correct answer Prohibitions on the borrower. Affirmative Covenants - correct answer Actions that the borrower promises to perform. Maturity or Term to Maturity - correct answer Length of time until loan contract or agreement expires. Remaining life of bond. Par Val...