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?
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.
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.