New Year Special 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

Changed CWM_LEVEL_2 Exam Questions

Page: 6 / 47
Total 1259 questions

Chartered Wealth Manager (CWM) Certification Level II Examination Questions and Answers

Question 21

Section A (1 Mark)

Family Offices provide _____________

Options:

A.

Specialist advice and planning

B.

Investment Management

C.

Administration

D.

All of the above

Question 22

Section A (1 Mark)

A(n) _________________________ guarantees the swap parties a specific rate of return on their credit asset. Bank A may agree to pay the total return on the loan to Bank B plus any appreciation in the market value of the loan. In return Bank A will often get LIBOR plus a fixed spread plus any depreciation in the value of the loan.

Options:

A.

credit option

B.

Total return Swap

C.

credit linked note

D.

credit swap

Question 23

Section B (2 Mark)

You are estimating the value of a small office building. Suppose the estimated NOI for the first year of operations is Rs100,000. a. If you expect that NOI will remain constant at Rs100,000 over the next 50 years and that the office building will have no value at the end of 50 years, what is the present value of the building assuming a 12.2% discount rate?

Options:

A.

Rs 8,17,078

B.

Rs 7,56,125

C.

Rs 8,95,154

D.

Rs 9,51,254

Question 24

Section A (1 Mark)

An administrator is appointed if there is no nominated:

Options:

A.

Executor

B.

Donor of power of Attorney

C.

Testator

D.

Beneficiary

Page: 6 / 47
Total 1259 questions