答案和详解如下： Answer 16 The correct answer was A) is not a violation of the Code and Standards. The potential change in the law is only a proposal at this stage. There is no violation as long as Dolphin is following the regulations currently in force. This question tested from Session 1, Reading 2-I, LOS A.
Answer 17 The correct answer was B) Diane Takao passed Level 2 of the CFA examination and is currently enrolled to take Level 3. According to Standard VII(B) Reference to CFA Institute, the CFA Designation, and the CFA Program, the CFA and Chartered Financial Analyst designations must always be used as adjectives, never as nouns or common names. The CFA designation should not be altered to create new words or phrases. This question tested from Session 1, Reading 2-VII, LOS B.
Answer 18 The correct answer was B) Standard V(B) Communication with Clients and Prospective Clients requires members to disclose "general principles and investment processes" to clients and to "promptly disclose any changes that might significantly affect those processes." Under the Standard, Midland management is required either to: 1. rebalance the portfolio in a timely manner so as to maintain compliance with the investment policy or 2. communicate an intended change in that policy well in advance of the actual change so as to afford investors time to act prior to the change in investment policy taking place.
Midland is in violation of the Standard. This question tested from Session 1, Reading 2-V, LOS B.
Answer 19 The correct answer was B) CV = (σ/mean) mean = (200 + 100 + 300)/3 = 200 σ = √[(200 - 200)2 + (100 - 200)2 + (300 - 200)2 / 3] = √6666.67 = 81.65 (81.65/200) = 40.82% This question tested from Session 2, Reading 7, LOS h, (Part 1)
Answer 20 The correct answer was A) $760. PV = -500; N = 7 × 12 = 84; I/Y = 6/12 = 0.5; compute FV = 760.18 This question tested from Session 2, Reading 5, LOS d, (Part 1)
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发表于 2008-11-6 18:32
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