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  1. Home
  2. CFA Certification
  3. CFA-Level-I Exam
  4. CFA.CFA-Level-I.v2024-01-19.q367 Dumps
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Question 226

If the weekly return is 0.15%, the compound annual return is:

Correct Answer: B
(1 + 0.0015)52 - 1 = 8.1%.
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Question 227

A portfolio earned the following rates of return over a period of twelve months.

What is the portfolio's co-efficient of variation?

Correct Answer: A
Co-efficient of variation = Std. dev./Average return = 0.85/0.24 = 3.54.
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Question 228

In a given year, Gondolpha had total imports of 976 and total exports of 734. It also made direct foreign investments of 297. There were no other transactions on the BOP account. What's the current account deficit?

Correct Answer: A
976 - 734 = 242. It's a deficit.
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Question 229

An increase in real output will cause which of the following?

Correct Answer: B
An increase in real output causes an increase in money demand, which causes a rise in interest rates. This in turn causes a fall in bond prices, which are inversely related to the interest rate.
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Question 230

The actual yield to maturity earned at the end of the bond's life may differ from the expected yield to maturity at purchase because of:

Correct Answer: A
insert code
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