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)

Risk to bondholders comes from

Options :

A : I and II

B : I and III

C : II and III

D : All of the above

Answer: D

Question 2

Section C (4 Mark)

An investor purchased on margin Alpha Computer for Rs. 30/- a share. The stock's price subsequently rose to Rs. 50/- a share at which time the investor sold the stock. If the margin requirement is 60 percent and the interest rate on borrowed funds was 7 percent, what would be the percentage earned on the investor's funds (excluding commissions)? What would have been the return if the investor had not bought the stock on margin?

Options :

A : 108.47%, 52.36%

B : 106.44%, 66.7%

C : 102.23%, 57.39%

D : 95.26%, 47.27%

Answer: B

Question 3

Section A (1 Mark)

Mr. Sharma is aged 50 years at present. He has invested some amount in an annuity which will pay him after 10 years Rs. 25,000/- p.a. at the beginning of every year for 10 years. Rate of interest is 6% p.a. Calculate how much amount he has invested now?

Options :

A : 107981.1

B : 106543.34

C : 107349.56

D : 108910.6

Answer: D

Question 4

Section A (1 Mark)

A bank is considering making a loan to Ram Kapoor. Ram has a gross salary per month of Rs40500 but has take-home pay of Rs27500 per month. What aspect of evaluating a consumer loan application is this fact most concerned with?

Options :

A : Character and purpose

B : Income level

C : Deposit balance

D : Pyramiding of debt

Answer: B

Question 5

Section A (1 Mark)

Depending on how questions are asked, ___________ can cause investors to communicate responses to questions about risk tolerance that are either unduly conservative or unduly aggressive.

Options :

A : Framing Bias

B : Mental accounting

C : Representativeness Bias

D : Hindsight bias

Answer: A