CFA-Level-I Exam Question 81

A company has 50,000 stock options outstanding at year-end each convertible into a share of common stock. The exercise price is $30 and the average price of the stock for the year has been $40.
The effect on the calculation of diluted earnings per share would be
  • CFA-Level-I Exam Question 82

    An investor wishes to diversify her portfolio by including real-estate as she has learned that real estate generally has a low correlation with equities. Which of the following vehicles is NOT a publicly traded real-estate investment opportunity?
  • CFA-Level-I Exam Question 83

    Zero-coupon bonds are bonds that
  • CFA-Level-I Exam Question 84

    Real gross domestic product is best defined as:
  • CFA-Level-I Exam Question 85

    Randy Smith called his broker, Pam Durbin, and asked her to borrow 100 shares of Zylex Corp. stock.
    Randy then sold the stock at the current market price of $45 while anticipating that Durbin would be able to buy the stock back for him at a lower price in the future. What type of order did Smith place?