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Chartered Wealth Manager Changed CWM_LEVEL_2 Questions

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Question 40

Section A (1 Mark)

A document which is used to hand over the legal powers to sign on legal documents pertaining to the property to someone other than the owner is called_____________

Options:

A.

Lease / Tenancy Agreement

B.

Will

C.

Power of attorney

D.

Family Settlement

Question 41

Section B (2 Mark)

A bank plans to offer new subordinated notes in the open market next month but knows that its credit rating is being reviewed by a credit rating agency. The bank wants to avoid paying sharply higher credit costs. Which type of credit derivative contract would you most recommend for this situation?

Options:

A.

Credit linked note

B.

Credit option

C.

Credit risk option

D.

Total return swap

Question 42

Section A (1 Mark)

A _________ portfolio is a well-diversified portfolio constructed to have a beta of 1 on one of the factors and a beta of 0 on any other factor.

Options:

A.

Factor

B.

Market

C.

Index

D.

A and B

Question 43

Section B (2 Mark)

Which of the following statements with respect to US Taxation Structure is/are correct?

Options:

A.

I and II

B.

III and IV

C.

I, II and IV

D.

II, III and IV

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Exam Code: CWM_LEVEL_2
Exam Name: Chartered Wealth Manager (CWM) Certification Level II Examination
Last Update: Nov 23, 2024
Questions: 1259
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