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CFA Level 1 Multiple Choice Questions and Answers: 2025 Edition, Exams of Economics

A collection of multiple-choice questions and answers related to the cfa level 1 exam. It covers various topics including preferred shares, adrs, international investments, risk measurement, corporate governance, private equity, industry analysis, valuation models, and competitive strategy. The questions are designed to test understanding of key concepts and principles relevant to the cfa curriculum.

Typology: Exams

2024/2025

Available from 03/24/2025

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CFA_S14_MC Questions & Answers 2025
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CFA_S14_MC Questions & Answers 2025

Which feature of the preferred shares appeals to investors who want to participate in the stock markct without fecling as though they are taking wild risks? A, Cumulative B. Participating C. Convertible —- ANS-~WWC Which statement is correct? A. Level I] ADRs cannot be listed and traded on U.S. securities exchanges such as NYSE or AMIEX. However, they can be quoted on NASDAQ, 3. ADRs can be used to eliminate currency risk. C, ADRs can be used to eliminate country specific risks, 1D. None of the above, —- ANS-wwvD All of the following are forms of indirect international investments execpt \. purchasing shares of multinational corporation B. purchasing Foreign mutual funds io _ hiring a firm that will manage your international portfolio >. purchasing foreign slack in the U.S. market - ANS-Wv1D Which of the following statements is the LM AST ACCURATE: with respect to American Depository Reecipts (ADRs)? A. Level 1 ADRs may only be traded aver the counter, B. Level 2 ADRs may only be traded on a U.S. exchange or quoted on Nasdaq. C, Level 3 ADRs may raise capital in the U.S. but only through a private placement.