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Thank you for completing our quiz. You can find the complete answer key below.

Question 1

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The Correct Answer is compensation for interest rate risk.
According to the liquidity preference theory, a positively-sloped yield curve most likely reflects:

Question 2

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The Correct Answer is Weak form
Which form of the efficient market hypothesis is most directly tested using technical analysis?

Question 3

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The Correct Answer is participants doubt the existence of arbitrage opportunities.
Arbitrage opportunities most likely persist when:

Question 4

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The Correct Answer is Option
With respect to the underlying asset, which of the following financial derivatives is least useful for price discovery purposes?

Question 5

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The Correct Answer is long put, long forward contract and long risk-free bond.

According to put–call–forward parity, the cost of a fiduciary call equals the cost of a:

Question 6

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The Correct Answer is Elliott Wave Theory.

Fibonacci ratios are an input to predict stock market movements using:

Question 7

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The Correct Answer is the law of one price.

Arbitrage in efficient markets most likely leads to:

Question 8

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The Correct Answer is Risk seeking

The utility function proposed by Kahneman and Tversky in 1979 to describe a loss-averse investor implies which of the following types of behavior in the domain of losses?

Question 9

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The Correct Answer is monetarist view, taxes should be kept low to avoid disincentive effects.

With respect to the different schools of macroeconomics, which of the following statements is most accurate? According to the:

Question 10

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The Correct Answer is weighted average growth rate of labor and capital.

According to the Solow growth accounting equation, the growth rate of potential output equals the growth rate of technology plus the: