一步一步备考,每一次练习的成功,都会淋漓尽致的反映在分数上。备考CFA考试是一件持久的事情,融跃一起加油前行。

1、An analyst does research about securities market indices.Which of the following statements is least accurate to make a price-weighted index biased?【单选题】

A.A stock has a high price.

B.A stock splits frequently.

C.A stock has a large market capitalization.

正确答案:C


答案解析:价格权重指数主要的偏差源于价格高的股票在指数中的权重较大。市值权重指数主要的偏差源于市值越大的股票在指数中的权重越高。股票拆分会增加股票数量,但由于市值不变,故并不会影响市值权重指数。股票拆分虽然会向下调整指数的除数,以保持拆分前后股票指*致,但随着股票价格的下降,会降低该股票在指数中的权重,从而会产生偏差。

2、The most important interest rate used in U.S.monetary policy is the federal funds rate.All else being equal, the federal funds rate will least likely change in a response to a change in the:【单选题】

A.real long-term interest rate.

B.supply of real loan able funds.

C.amount of reserves in the banking system.

正确答案:A

答案解析:联邦基金利率是银行间进行相互短期资金借贷时所使用的利率,所以会受到真实可贷资金供给的影响,也会受到银行系统可贷资金余额的影响,但真实的长期利率与联邦基金利率的关联度zui小。

这就是近日CFA考试题练习,不知道你是不是掌握了CFA知识呢?如果你正在备考CFA考试,有什么问题可以在线咨询,这边还有CFA题库可以帮助考生学习哦!