Benefits of compliance with the CFA Institute Global Investment Performance Standards (GIPSR)least likely include:
A. Strengthening of internal controls.
B. Participation in competitive bidding.
C. Elimination of in-depth due diligence for investors.
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A low price range in which buying activity is sufficient to stop a price decline is best described as:
A. support.
B. resistance.
Change in polarity.
The least likely way to terminate a swap is to:
A. Purchase and exercise a swaption.
B. Pay the market value to the counterparty.
C. Sell an offsetting swap listed on an exchange.
Gardner Knight, CFA, is a product development specialist at an investment bank. Knight is responsible for creating and marketing collateralized debt obligations (CDOS) consisting of residential mortga
A. Suitability
B. Conflicts of Interest
Client Communication
A graphic depiction of a continuous distribution that shows the left tail to be longer than the right tail is best described as having:
A. lepto-kurtosis
B. Positive skewness
C. Negative skewness.