CWM_LEVEL_2

Section B (2 Mark) Which of the following statements concerning index funds and actively managed funds is true?A . Their performance is about equal.B . They tend to have an inverse relationship.C . Actively managed funds tend to outperform index funds.D . Index funds tend to outperform actively managed funds.View...

Section A (1 Mark) _____________allow investors to increase diversification in direct real estate holdings by investing in groups of real estate projects.A . Lease / Tenancy AgreementB . Aggregation VehiclesC . High and Best Use of PropertyD . Leveraged Equity PositionView AnswerAnswer: B

Section B (2 Mark) There are three stocks, A, B, and C. You can either invest in these stocks or short sell them. There are three possible states of nature for economic growth in the upcoming year; economic growth may be strong, moderate, or weak. The returns for the upcoming...

Section B (2 Mark) The following parameters are available for two mutual funds: Calculate Treynor’s performance index for Fund A & Fund B respectivelyA . 8, 1.66B . 10, 3.33C . 9, 2.50D . 18, 4.25View AnswerAnswer: B

Section B (2 Mark) As per article 12 Double Taxation Avoidance Agreement with Singapore, Royalties and fees for technical services arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State. However, such royalties and fees for technical services...

Section B (2 Mark) Which of the following statements is / are correct? A . I, II and IIIB . I, III and IVC . II, III and IVD . All of the aboveView AnswerAnswer: D

Section C (4 Mark) The returns of 2 shares are as follows Calculate the covariance of returns.A . 220.32B . C420.11C . 162.08D . 270.36View AnswerAnswer: C

Section B (2 Mark) As a CWM you are considering the following bond for inclusion in the fixed income portfolio of your client: What will be the duration of this bond? and What will be the effect of the changes on the duration of the bond if the coupon rate...

Section A (1 Mark) Unabsorbed depreciation can be carried forward for ____________.A . 8 YearsB . 4 YearsC . IndefiniteD . NoneView AnswerAnswer: C

Section A (1 Mark) NSSO stands for ____________A . National Security Space OfficeB . National Shared Services OrganizationC . National Sample Survey OrganizationD . None of the aboveView AnswerAnswer: C