CFA三级Mock三级V2_20180306_2018mock_level3_Mock 66-题目_褚炜奇.pdf

Level III– Mock 66 Questions 1~6 Relate to Ethics 2 Questions 7~12 Relate to Behavioral Finance 6 Questions 13~18 Relate to Institutional Investors 9 Questions 19~24 Relate to Fixed Income 13 Questions 25~30 Relate to Equity 17 Questions 31~36 Relate to Derivatives 20 Questions 37~42 Relate to Risk Management 23 Questions 43~48 Relate to Asset Allocation 26 Questions 49~54 Relate to Trading, Monitoring, and Rebalancing 30 Questions 55 ~60 Relate to Performance Evaluation 34 1/36 Level III– Mock 66 Last Name: First Name: MOCK EXAM 66 No: Date: Questions 1~6 Relate to Ethics Vision 2020 Capital Partners Case Scenario Vision 2020 Capital Partners (V2020) has operated for the last 10 years originating and brokering corporate finance deals through private placements in emerging and frontier markets. Because of slow economic growth globally, investment banking deals have declined, and V2020 has struggled to generate enough fees to sustain its business. The board of directors of V2020, composed of corporate finance experts, has identified opportunities to generate a new revenue stream. One such opportunity is the creation of a division to manage an Emerging and Frontier Market Balanced Fund (the Fund). The board has had several inquiries from clients asking for such a product. The board believes the Fund is an ideal business line to meet client demand and create monthly asset management fees. The board thinks the Fund should also be required to act as a buyer of last resort for all its corporate fin