Higher Test Marks with Free Online CWM_LEVEL_2 Exam Practice

Assess the CertsIQ’s updated CWM_LEVEL_2 exam questions for free online practice of your Chartered Wealth Manager (CWM) Certification Level II Examination test. Our CWM LEVEL 2 dumps questions will enhance your chances of passing the Chartered Wealth Manager certification exam with higher marks.

Question 1

Section B (2 Mark)

If a portfolio manager has a good ability to select undervalued securities but a poor ability to forecast overall market, the following makes sense for him:

Options :

A : Concentrate holdings in selected undervalued stocks and shift beta below and above the desired long-term average based on market forecasts

B : Hold a broadly diversified portfolio of stocks and keep beta stable at the desired long-term average

C : Concentrate holdings in selected undervalued stocks and keep beta stable at the desired long-term average

D : Hold a diversified portfolio of stocks and shift beta above and below desired long-term average based on market forecasts

Answer: C

Question 2

Section A (1 Mark)

Riskier stocks have

Options :

A : Higher P/E multiple

B : Lower P/E multiple

C : Higher variance

D : (B) and (C)

Answer: D

Question 3

Section A (1 Mark)

Loans to individuals and families to finance the purchase of new homes are known as:

Options :

A : Non installment loans

B : Installment loans

C : Residential mortgage loans

D : Nonresidential cash loans

Answer: C

Question 4

Section A (1 Mark)

Which of the following is/are the challenges of Private Banking?

Options :

A : I, II and III

B : I,III and IV

C : I, II and IV

D : All of Them

Answer: D

Question 5

Section B (2 Mark)

A bond has the following terms:

If you expect the bond to be called at the end of the year, what would be the maximum price you should pay for the bond if comparable yields are 7 percent?

Options :

A : 1012.35

B : 1024.39

C : 1028.04

D : 1016.19

Answer: C