100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
CFA Level 3 Exam 204 Questions with Answers 2023,100% CORRECT €11,19   In winkelwagen

Tentamen (uitwerkingen)

CFA Level 3 Exam 204 Questions with Answers 2023,100% CORRECT

 9 keer bekeken  0 keer verkocht
  • Vak
  • CFA Level 3
  • Instelling
  • CFA Level 3

CFA Level 3 Exam 204 Questions with Answers 2023 bounded rationality - CORRECT ANSWER individuals act as rationally as possible but are constrained by a lack of knowledge and cognitive ability satisfice - CORRECT ANSWER making a reasonable but not necessarily optimal decision the price i...

[Meer zien]

Voorbeeld 3 van de 22  pagina's

  • 8 juni 2023
  • 22
  • 2022/2023
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden
  • CFA Level 3
  • CFA Level 3
avatar-seller
CFA Level 3 Exam 204 Questions with Answers 2023

bounded rationality - CORRECT ANSWER individuals act as rationally as possible
but are constrained by a lack of knowledge and cognitive ability

satisfice - CORRECT ANSWER making a reasonable but not necessarily optimal
decision

the price is right - CORRECT ANSWER asset prices reflect and instantly adjust to all
available information

weak-form efficiency - CORRECT ANSWER prices inncoporate all past price and
volume data

semi-strong form efficient - CORRECT ANSWER prices reflect all public information

strong-form efficient - CORRECT ANSWER all information reflected in prices. no
one can consistently earn excess returns

framing (consumption and savings) - CORRECT ANSWER the way income is framed
affects whether it is saved or consumed

self-control bias (consumption and savings) - CORRECT ANSWER favor current
consumption rather than saving income for future goals

mental accounting (consumption and savings) - CORRECT ANSWER assigning
different portions of wealth to meet different goals

sentiment premium (behavioral asset pricing) - CORRECT ANSWER added to
discount rate; causes price deviation from fundamental values

behavioral portfolio theory - CORRECT ANSWER investors structure their
portfolios in layers according to their goals

,adaptive markets hypothesis - CORRECT ANSWER apply heuristics until they no
longer work, then adjust them. must adapt to survive

cognitive errors - CORRECT ANSWER result from incomplete information or
inability to analyze

emotional errors - CORRECT ANSWER spontaneous reactions that affect how
individuals see information

conservatism bias (cognitive) - CORRECT ANSWER emphasizing information used
in original forecast over new data

confirmation bias (cognitive) - CORRECT ANSWER seeking data to support beliefs;
discounting contradictory facts

representativeness bias (cognitive) - CORRECT ANSWER if-then stereotype
heuristic used to classify new information

base rate neglect (cognitive) - CORRECT ANSWER too little weight on the base rate

sample size neglect (cognitive) - CORRECT ANSWER inferring too much from a
small new sample of information

control bias (cognitive) - CORRECT ANSWER individuals feel they have more
control over outcomes than they actually have

hindsight bias (cognitive) - CORRECT ANSWER perceiving actual outcomes as
reasonable and expected

anchoring and adjustment (cognitive) - CORRECT ANSWER fixating on a target
number once investor has it in mind

mental accounting (cognitive) - CORRECT ANSWER each goal, and corresponding
wealth, is considered separately

framing (cognitive) - CORRECT ANSWER viewing information differently
depending on how it is received

, availability bias (cognitive) - CORRECT ANSWER future probabilities are impacted
by memorable past events

loss aversion (emotional) - CORRECT ANSWER placing more "value" on losses than
on gains of the same magnitude

myopic loss aversion (emotional) - CORRECT ANSWER if individuals systematically
avoid equity to avoid potential short run declines in value (loss aversion), equity
prices will be biased downward (and future returns upward)

overconfidence (emotional) - CORRECT ANSWER illusion of having superior
information or ability to interpret

prediction overconfidence (emotional) - CORRECT ANSWER leads to setting
confidence intervals too narrow

certainty overconfidence (emotional) - CORRECT ANSWER overstated probabilities
of success

self-attribution bias (emotional) - CORRECT ANSWER self enhancing bias plus self
protecting

self enhancing bias (emotional) - CORRECT ANSWER individuals take all the credit
for success

self protecting bias (emotional) - CORRECT ANSWER placing the blame for failure
on someone or something else

self control bias (emotional) - CORRECT ANSWER suboptimal savings due to focus
on short term over long term goals

status quo bias (emotional) - CORRECT ANSWER individuals tendency to stay in
their current investments

endowment bias (emotional) - CORRECT ANSWER valuing an asset already held
higher than if it were not already held

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

√  	Verzekerd van kwaliteit door reviews

√ Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper paulhans. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €11,19. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 62890 samenvattingen verkocht

Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen

Start met verkopen
€11,19
  • (0)
  Kopen