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Chartered Wealth Manager CWM_LEVEL_2 Reddit Questions

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Total 1259 questions

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

Question 53

Section A (1 Mark)

The trust which is empty at creation during life and tranfers the property into the trust at death is called ____________

Options:

A.

Special trust

B.

Will trust

C.

Secret trust

D.

Pourover trust

Question 54

Section B (2 Mark)

If an investor determines that next year’s earnings estimate is Rs2.00 per share and the company subsequently falters, the investor may not readjust the Rs2.00 figure enough to reflect the change because he or she is “anchored” to the Rs2.00 figure. This is not limited to downside adjustments—the same phenomenon occurs when companies have upside surprises

Which of the following Biases have been exhibited by the investor?

Options:

A.

Representative bias

B.

Anchoring and Adjustment Bias

C.

Framing bias

D.

Loss Aversion bias

Question 55

Section A (1 Mark)

Quicker attention and resolution of complaints lead to ________

Options:

A.

High profits

B.

Low cost

C.

Favorable word of mouth

D.

Stronger customer relationship

Question 56

Section B (2 Mark)

What is the future value of Rs. 5000 at the end of 5 years at 8% compounded annually?

Options:

A.

7346.64

B.

7401.22

C.

7388.12

D.

7390

Page: 14 / 47
Total 1259 questions