CFA-Level-I Exam Question 91
If the price of tickets to Disney World increases from $30 to $33 and as a result attendance falls by 5 percent then the demand for the tickets is
CFA-Level-I Exam Question 92
Which statement(s) is/are correct?
I). The accounts receivable period is always greater than or equal to the length of the cash cycle.
II). Reducing the inventory turnover will increase the cash cycle and lower the cash balance.
I). The accounts receivable period is always greater than or equal to the length of the cash cycle.
II). Reducing the inventory turnover will increase the cash cycle and lower the cash balance.
CFA-Level-I Exam Question 93
The Capital Market Line reflects risk in terms of
CFA-Level-I Exam Question 94
An inverse-floater has coupon rate = Maximum [(18% - 2.5r) or 0], where r is the 6-month LIBOR rate.
CFA-Level-I Exam Question 95
Which one of the following best explains why the crowding out effect, brought on by an increase in government spending financed by the sale of government bonds to the public, is likely to reduce aggregate demand?