CFA-Level-I Exam Question 6
Which of the following are underlying assumptions of technical analysis?
I). Past performance has no influence on future performance or market values.
II). Security prices adjust rapidly to stock market information.
III). Security prices move in trends, which persist for appreciable lengths of time.
IV). The market value of any good or service is determined solely by the interaction of supply and demand for the good or service.
I). Past performance has no influence on future performance or market values.
II). Security prices adjust rapidly to stock market information.
III). Security prices move in trends, which persist for appreciable lengths of time.
IV). The market value of any good or service is determined solely by the interaction of supply and demand for the good or service.
CFA-Level-I Exam Question 7
Coren, Inc. had 500,000 common shares issued and outstanding at December 31, 2001. On July 1,
2 002, an additional 50,000 common shares were issued for cash. Coren also had unexercised stock options to purchase 40,000 common shares at $15 per share outstanding at the beginning and end of
2 002. The average market price of Coren's common shares was $20 during 2002. What is the number of shares that should be used in calculating diluted earnings per share for the year ended December 31,
2 002?
2 002, an additional 50,000 common shares were issued for cash. Coren also had unexercised stock options to purchase 40,000 common shares at $15 per share outstanding at the beginning and end of
2 002. The average market price of Coren's common shares was $20 during 2002. What is the number of shares that should be used in calculating diluted earnings per share for the year ended December 31,
2 002?
CFA-Level-I Exam Question 8
A dormitory on campus houses 200 students. 120 are male, 50 are upper division students, and 40 are upper division male students. A student is selected at random. The probability of selecting a lower division student, given the student is a female, is:
CFA-Level-I Exam Question 9
When people are less careful about avoiding insured losses than they would be if they were not insured so that losses occur more often than they would otherwise, ____ occurs.
CFA-Level-I Exam Question 10
For a risk-neutral investor the risk aversion coefficient A is: