2008 CFA Level 1 － Sample 样题(1)－Q59 black, class

8586

59、Ken Darge is primarily concerned with growing his portfolio using a balance between capital gains and reinvestment of current income. Jules Young is primarily concerned with achieving an investment return that is no lower than the rate of inflation. Which of the following objectives is most appropriate for:

	Ken Darge?	Jules Young?
A.	Total return	Current income
B.	Total return	Capital preservation
C.	Capital appreciation	Current income
D.	Capital appreciation	Capital preservation

A. Answer A

B. Answer B

C. Answer C

D. Answer D

      

[此贴子已经被作者于2008-11-7 15:03:52编辑过]

8586

Correct answer = B

"The Asset Allocation Decision," Frank K. Reilly and Keith C. Brown
2008 Modular Level I, Vol. 4, p. 207
Study Session 12-49-c
describe the return objectives of capital preservation, capital appreciation, current income, and total return
Total return is an appropriate strategy for an investor seeking to grow his portfolio with a balance between income and capital gains. Capital preservation is an appropriate strategy for strongly risk-averse investors. 

 

cxz0858

好题！谢谢！

peter123

[em02]

toheaven

[em06]

freya1215

快考试了,赶快做题看看

Riverview

thanks

刀剑如梦

谢谢哦！

gening

thanks!

clover

b