Question 356
The CEO of a large brokerage house informs one of the analysts that he should change his opinion from a "sell" to a "buy" on company RDE, since the CEO of RDE is a good friend of the CEO of the brokerage firm, and is not happy with the sell recommendation out on his company. What should the analyst do?
Question 357
Select the correct use of the Chartered Financial Analyst and CFA marks:
I). He is the only CFA in the company.
II). On his name card, Alex states "Alex Aalto, C.F.A.".
III). John has passed Japan-CFA, a CFA equivalent program.
IV). Ron Laidlaw, Chartered Financial Analyst(CFA), expected December 2011.
I). He is the only CFA in the company.
II). On his name card, Alex states "Alex Aalto, C.F.A.".
III). John has passed Japan-CFA, a CFA equivalent program.
IV). Ron Laidlaw, Chartered Financial Analyst(CFA), expected December 2011.
Question 358
A well-functioning secondary market has all of the following characteristics EXCEPT
Question 359
An investor invested $10,000 in an open-end mutual fund 90 days ago. Today his investment is worth only $9,874. What is his annualized rate of return?
Question 360
Under U.S. GAAP, impairment of an asset must be recognized in a firm's accounts when: