Question 91

Accelerated depreciation method is appealing for all of the following reasons EXCEPT
  • Question 92

    Suppose that the probability of A is 0.80 and the probability of B is 0.60, if A and B are independent events, what is the joint probability of A and B?
  • Question 93

    David Smith is a CFA member with supervisory responsibilities. However, due to his workload he has delegated a part of his supervisory responsibilities. What are Smith's responsibilities in terms of Standard
    IV (C) - Responsibilities of supervisors?
  • Question 94

    According to the code of ethics, members of CFA Institute shall:
  • Question 95

    Which of the following is (are) true about the Capital Market Theory?
    I). A portfolio that lies above the Security Market Line (SML) is under-priced.
    II). The correlation between two portfolios on the SML equals +1.
    III). Portfolios that lie on the Capital Market Line (CML) are as completely diversified as possible.
    IV). Portfolios that lie on the SML are not necessarily completely diversified.