[Q1268-Q1290] CFA-Level-I Certification Exam Dumps Questions in here [Jan-2022]

NO.1268 Assuming that you believe a particular company has internally-generated goodwill, which of the following costs would you capitalize and then amortize over their estimated useful lives?

NO.1269 Good Z is priced on Market #1 at $150. The same good is priced on Market #2 at $125. Which of the following describe(s) the process that will eliminate the arbitrage profit?
I). Investors will purchase Good Z on Market #1 and drive the price up
II). Investors will purchase Good Z on Market #2 and drive the price up
III). Investors will sell Good Z on Market #1 and drive the price down

NO.1270 The overnight repurchase rate for general collateral is 6.50%. For a dealer seeking financing using special collateral, the repurchase rate agreed to:

NO.1271 An upward-sloping short-run marginal cost curve shows that:

NO.1272 Given a constant money supply, people may be expected to purchase more bonds if the money interest rate is ________ the equilibrium rate in the money balances market.

NO.1273 A firm does not want to increase it financial leverage. It may resort to all of the following actions
EXCEPT:
I). It may disguise a capital lease as an operating lease.
II). It may issue convertible bonds.
III). Sell its accounts receivables through a securitization.
IV). It may set up a subsidiary and guarantee its debt.

NO.1274 The value of an option-free, 10-year, 7.5% coupon bond is $1,035. A bond indenture specifies terms of the put privilege, the put privilege having a value of $12.25. The value of the putable bond is:

NO.1275 The British pound sterling has a bid price of $1.4419 and an ask price of $1.4428. What is the bid-ask spread?

NO.1276 A big value for F will result in:

NO.1277 Which of the following would cause a lessee to prefer to record an operating lease?

NO.1278 The mean return in 1999 for a stock mutual fund of large companies was 7.2% with and the mean return for a risk-free bond was 1.0 %. If the Sharpe measure for the mutual fund is 0.50, what is the standard deviation or risk of the stock mutual fund?

NO.1279 MRC produces chips with a defective rate of 15%. For an random sample of 20 chips from MRC, let
X count the number of defective chips in the sample (and assume x is a binomial random variable), P(X 2)
= ______ (to nearest 0.001)

NO.1280 Which of the following statements concerning medium-term notes and corporate bonds are true?
I). Medium term notes differ from bonds in the manner in which they are distributed to investors when they are initially sold.
II). Typically, investment-grade corporate bond issues are underwritten by investment bankers.
III). Medium term notes have traditionally been distributed on a best efforts basis by either an investment banking firm or dealers acting as agents.
IV). Medium term notes are usually sold in relatively small amounts on either a continuous or an intermittent basis, while bonds are sold in large, discrete offerings.

NO.1281 The impact of volatility on the price of a callable bond can be described as follows

NO.1282 Select the correct use of the Chartered Financial Analyst and CFA marks:
I). Shawn Cook, CFA
II). CFA Level II, and degree expected June 2013.
III). Sam’s CFA Advisory Services, LLC
IV). This study session’s focus is on Chartered Financial Analysis.

NO.1283 An asset that is plotted above the security market line (SML) is

NO.1284 Which of the following accounts is an asset?

NO.1285 The SEC’s Regulation Full Disclosure requires that if security issuers provide non-public information to some market professionals or investors, they must also disclose this information to the public. The requirement helps:

NO.1286 An investment banking department of a brokerage firm often receives material nonpublic information that could have considerable value if used in advising the firm’s brokerage clients. In order to conform to the Code and Standards, which of the following is the best policy for the brokerage firm?

NO.1287 Mary A.Contrary has a SHORT position in 15 November heating oil contracts. She buys 15
December heating oil contracts. Ms. Contrary has:
I). closed her futures position by offset
II). initiated a new LONG futures position in addition to her existing SHORT position
III). initiated an exchange-for-physicals (EFP)

NO.1288 To estimate the average SAT scores for entering freshmen at universities, a random sample of 14
SAT scores is collected. If the sample mean produced a score of 1150 and the sample standard deviation is 150 points (ois unknown) then a 95% confidence interval is _______.

NO.1289 If a continuous random variable appears to have equally likely outcomes over their range of possible values, it possesses a _______ distribution.

NO.1290 The economy is projected to emerge from a recession soon. The spread between AAA and CAA rated bond can be expected to