下载亿题库APP
联系电话:400-660-1360
请谨慎保管和记忆你的密码,以免泄露和丢失
请谨慎保管和记忆你的密码,以免泄露和丢失
2020年CFA考试《CFA三级》考试共题,分为。小编为您整理Applications of Economic Analysis to Portfolio Management5道练习题,附答案解析,供您备考练习。
1、【单选题】
A.lower volatility of the US equity market.
B.
C.higher correlation of US equity market with international equity markets.
正确答案:C
答案解析:C is correct. A higher correlation of the US equity market with international equity markets
2、【单选题】
A.incorrect, because high-frequency data tend to produce lower correlation estimates.
B.incorrect, because high-frequency data are less sensitive to asynchronism.
C.correct.
正确答案:A
答案解析:O'Reilly's answer is incorrect with respect to correlation estimates. High-frequency data are more sensitive to asynchronism across variables and, as a result, tend to produce lower correlation estimates.
3、Based on Exhibit 1 and the method used by Li's team, the expected return for the consumer credit industry in 2012 was closest to:【单选题】
A.12.8%.
B.12.2%.
C.12.4%.
正确答案:B
答案解析:The bond-yield-plus-risk-premium method sets the expected return to the yield to maturity on a long-term government bond plus the equity risk premium (12.2% = 3.8% + 8.4%).
4、【单选题】
A.Country 1.
B.Country 2.
C.Country 3.
正确答案:B
答案解析:To determine the country with the highest expected real GDP growth rate, use the following formula to solve for the expected
5、Which of Dreschler's responses to Sorenson's question about the challenges to equity market valuation is most accurate? His response concerning:【单选题】
A.the gathering of economic data.
B.discount rates and growth rates.
C.corporate profit and GDP growth.
正确答案:A
答案解析:In a developing country, there may be severe problems with the accuracy of data inputs. It is difficult to obtain macroeconomic data in developed countries with long-established methods and facilities. The problems of obtaining accurate and historically consistent data are multiplied in developing markets.
What are the indices for a skewed distribution?:What are the indices for a skewed distribution?
What are the responsibilities of the members in reference to the CFA Institute?:Once accepted as a member:每年交述职报告和年费but must not over promise the competency and future investment results.Case
What members and candidates should notice in CFA examinations?:or security of the CFA examinations.(不能恶心CFA),考试不能作弊:考试内容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case
微信扫码关注公众号
获取更多考试热门资料