2025年CFA考试真题模拟测试.docxVIP

2025年CFA考试真题模拟测试

考试时间：______分钟总分：______分姓名：______

考生须知：

1.本试卷共分为十个部分，分别为：A-道德与专业标准、B-数量方法、C-经济学、D-财务报表分析、E-公司估值、F-权益投资、G-固定收益投资、H-衍生品投资、I-另类投资、J-投资组合管理与应用。

2.请将答案填写在答题卡上，写在试卷上无效。

3.考试时间为6小时。

4.请仔细阅读每一道题目，确保理解题意后再作答。

A-道德与专业标准

1.Ananalystisresearchingacompanyforheremployer,ABCInvestmentManagement.ThecompanysCEOofferstheanalystafreetriptoaluxuryresortiftheanalystissuesabuyrecommendationonthecompanysstock.Theanalystsemployerhasapolicyagainstacceptinggiftsorhospitalityfromcompaniestheycover.Whatshouldtheanalystdo?

a.Acceptthetripandissueabuyrecommendation,astheCEOsofferisacommonbusinesspractice.

b.Declinethetripbutstillissueabuyrecommendation,astheCEOscompanyisagoodinvestmentopportunity.

c.Declinethetripandrecuseherselffromtheanalysistoavoidanypotentialbias.

d.Acceptthetripandrecuseherselffromtheanalysis,astheoffercouldbeseenasanattempttoinfluenceherrecommendation.

2.AportfoliomanageratXYZAssetManagementisresponsibleformanagingaclientsportfolio.Theclientaskstheportfoliomanagertorecommendastockthattheportfoliomanagerpersonallyownsandbelieveshasstronggrowthpotential.Theportfoliomanagerknowsthatthestockisnotcurrentlyintheclientsportfolioandthattheclienthasnotexpressedanyinterestinthisparticularstock.Whatshouldtheportfoliomanagerdo?

a.Recommendthestocktotheclient,astheportfoliomanagerhasconfidenceintheinvestment.

b.Recommendthestocktotheclient,butonlyafterdisclosingthattheportfoliomanagerpersonallyownsthestock.

c.Declinetorecommendthestock,asdoingsowouldviolatetheprincipleofloyaltytotheclient.

d.Declinetorecommendthestock,asdoingsowouldviolatetheprincipleofindependenceandobjectivity.

B-数量方法

3.Youaregivenadatasetwiththefollowingvalues:10,15,20,25,30