CFA Institute
CFA-Level-I
Q1:
Duration of a bond normally increases with an increase in:
○
A
time to maturity.
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B
coupon rate.
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C
yield to maturity.
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D
par value.
CFA Institute
CFA-Level-I
Q2:
Fundamental Responsibilities is dealt with under:
○
A
Standard I
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B
Standard III
○
C
None of these answers
○
D
Standard V
○
E
Standard II
○
F
Standard IVThat answer is correct!
CFA Institute
CFA-Level-I
Q3:
Social investments:
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A
should never be used in pension fund investing.
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B
in pensions must be well thought-out, making sure that such investments are legal and do not impair the integrity of the funds in questions or the financial security of the participants or beneficiaries.
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C
none of these answers.
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D
have yet to be used as an investment in pension funds in the U.S.
○
E
are proper investment vehicles for pensions, since they are a 'public good.'
CFA Institute
CFA-Level-I
Q4:
Standard ________ pertains to fair dealing with customers and clients.
○
A
III (B)
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B
IV (B.3)
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C
IV (A)
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D
I (D)
○
E
None of these answers
CFA Institute
CFA-Level-I
Q5:
Each of the following is true regarding Standard II (A), except:
○
A
You must be registered for the next CFA exam in order to call yourself a candidate.
○
B
This standard relates to business cards and letterheads.
○
C
This standard does not relate to oral statements.
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D
There is no designation for someone who has passed Level I, II, or III .
○
E
All of these answers.
○
F
Candidates may state that they have completed Level I, II, or III .