2022年CFA考试《CFA三级》章节练习题精选
2022年CFA考试《CFA三级》考试共240题选择题。咱们帮考网为大家带来了Private Wealth Management (2)5道练习题,附答案解析,供大家备考练习,提升自测!
1、Based on Exhibit 1, and meeting the Barksdales’ target equity allocation for【单选题】
A.35.0%.
B.54.5%.
C.56.1%.
正确答案:C
答案解析:C is correct. The equity allocation of the Barksdale’s financial capital is calculated as
2、Using the planning framework that Richards suggests, which person//////\'s estimate forthe after-tax primary capital is most accurate?【单选题】
A.Boshe
B.Adams
C.Richards
正确答案:B
答案解析:Primary capital is the sum of assets that fall into the personal and market risk buckets. It includes the residence, municipal bond portfolio, global equity fund and cash equivalents. It excludes the values of MTL and the concentrated positions in CTAS public stock and the warehouse (investment real estate) – those are considered aspirational.
3、Which of Perrin’s statements regarding his pension is/are correct?【单选题】
A.Statement 1 only
B.Statement 2 only
C.Both Statement 1 and Statement 2
正确答案:A
答案解析:A is correct. Unvested pension benefits are typically contingent on future work and are
4、The most appropriate response to Gregory’s balance sheet question is:【单选题】
A.the economic balance sheet only.
B.the traditional balance sheet only.
C.both the economic and the traditional balance sheets.
正确答案:A
答案解析:A is correct. The present value of expected future earnings is reflected on an economic
5、Using the information in Exhibit 1 and Adams//////\'s real estate proposals, which offer will provide the largest immediate addition of funds to Richards//////\'s stock and bond portfolios?【单选题】
A.Offer 1
B.Offer 2
C.Offer 3
正确答案:A
答案解析:Immediate cash inflows available would include proceeds and the possible first rental payment in Offer 2; all cash flows are net of taxes. As shown in the table below Offer 1, selling the warehouse outright, produces the highest immediate cash flow net of taxes:
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