0 of 8 Questions completed
Questions:
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 8 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Average score |
|
Your score |
|
Which of the following derivatives is a contingent claim derivative?
Which of the following characteristics apply to over-the-counter derivatives?
A deliverable forward contract on 1 bar of gold with an exercise price of $1980 expired today. The spot price of 1 bar of gold is $2210 today. What should the SHORT party do today?
Which of the following statements is most accurate?
Harvey is holding on to a bond as he is confident that its price will continue to rise. However, he would prefer some protection from a drop in price in the event that the company’s credit rating deteriorates. Which derivative is most appropriate for his situation?
What happens in a market when an arbitrage opportunity arises?
Arif observed that the dual listed shares of Bartel Corp is traded at US$160 in the US market, and at 10,000 Rupees in the Indian market. At the current exchange rate, the shares are actually traded at US$150 in India.
What should Arif do if he wishes to profit from this?
Which of the following is not an advantage of derivative markets?
Many years ago, I was exactly where you are today—a CFA Level I candidate juggling a demanding full-time career with the daunting CFA curriculum. Coming from a Computer Engineering background, finance was entirely new territory for me. And yes, it was tough!
I struggled with dense textbooks, late-night cramming, and the frustration of concepts that seemed impossible after a long workday. But after passing Level I (barely), I realized something had to change.
Using the Pareto Principle (80/20 rule), I distilled the vast CFA syllabus into essential, easy-to-understand nuggets. I leaned into visual summaries and bite-sized learning sessions that worked around my busy schedule. This smarter approach helped me clear Levels II and III on my first attempts with significantly less stress.
I founded PrepNuggets to share the streamlined strategies and innovative learning methods that transformed my CFA journey. Our mission is simple: leverage technology to make CFA prep more effective, accessible, and enjoyable.
Join the PrepNuggets community today—sign up for your free account, and let our thoughtfully crafted materials propel you toward CFA success without unnecessary overwhelm.
Here’s to your CFA journey!
Keith Tan, CFA
Founder & Chief Instructor, PrepNuggets
Keith is the founder and chief instructor of PrepNuggets. He has a wide range of interests in all things related to tech, from web development to e-learning, gadgets to apps. Keith loves exploring different cultures and the untouched gems around the world. He currently lives in Singapore but frequently travels to share his knowledge and expertise with others.
[theme-my-login show_reg_link=”0″]
[theme-my-login default_action=”register” show_title=”false”]