2025年CFA一级投资分析模拟试卷及答案.docxVIP

2025年CFA一级投资分析模拟试卷及答案

考试时间：______分钟总分：______分姓名：______

第一部分：选择题

1.Acompanyisexpectedtopayadividendof$2persharenextyear.Dividendsareexpectedtogrowataconstantrateof5%peryearindefinitely.Iftherequiredrateofreturnonthestockis10%,whatistheintrinsicvalueofthestockusingtheconstantgrowthdividenddiscountmodel(DDM)?

a)$20.00

b)$22.00

c)$24.00

d)$26.00

2.Whichofthefollowingstatementsregardingthecapitalassetpricingmodel(CAPM)ismostaccurate?

a)Themodelassumesthatallinvestorshavethesamerisktole