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  1. Home
  2. CFA Certification
  3. CFA-Level-I Exam
  4. CFA.CFA-Level-I.v2022-03-26.q499 Dumps
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Question 406

Which exchange rate regime does France adopt?

Correct Answer: A
Each European Union country uses the euro as its currency.
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Question 407

A survey of 144 retail stores revealed that a particular brand and model of a VCR retails for $375 with a standard deviation of $20.If 95% and 98% confidence intervals are developed to estimate the true cost of the VCR, what difference would they have?

Correct Answer: B
The interval widths and the z variates differ according to the rule chosen. The standard error is the same regardless.
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Question 408

The price range at which the technician would expect a substantial increase in demand for a stock is called:

Correct Answer: B
Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the price reaches the support level, it is believed that demand will overcome supply and prevent the price from falling below support.
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Question 409

Craig Pol is an investment analyst. Information was handed to Craig by his client in order to investigate an investment option for future expansion plans for a company. A financier finds out about this information and asks Craig to send him a copy of the information. According to the Standards of
Professional conduct, what should Craig do?

Correct Answer: A
Standard IV(B.5): Preservation of Confidentiality Information handed to a member to investigate an investment option for e.g. future expansion plans etc. should clearly not be given to external persons to view, unless the prior permission of the client is obtained.
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Question 410

The market portfolio M is:

Correct Answer: B
It is the optimal risky portfolio. It is the optimal risky investment decision, which is separate from the financing decision.
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