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Chartered Wealth Manager® (CWM®) Certification Level 1 Examination Practice Questions

Chartered Wealth Manager® (CWM®) Certification Level 1 Examination

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88 questions in this view

Page 11 of 15

Question 61

Section B - 2 Marks

The beta of a risk-free security is equal to ___________ while the beta of market portfolio equal to ___________.

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Question 62

Section B - 2 Marks

Which of the following are necessary contents of a will? (1) It must be in writing (2) Name and addresses of other attesting witnesses below their signature (3) It must contain the deposition of the property to take effect after death (4) List of properties making a will.

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Question 63

Section B - 2 Marks

If a stock GHI Ltd. pays an annual dividend of Rs. 5 and plans to follow this policy forever, then what rate of return the investor will realize given the purchase price of stock and current price is Rs. 100 and stock has been purchased 5 years ago.

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Question 64

Section B - 2 Marks

Identify the correct statement.

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Question 65

Section B - 2 Marks

An assessee is liable to get his tax audit done by a Chartered Accountant mandatorily if in the previous year the assessee is carrying on profession and his gross receipts exceeds

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Question 66

Section B - 2 Marks

A trust which has not being created by will can be revoked only (1) When all beneficiaries are competent to contract by their consents (2) When the trust has been declared by non-testamentary instrument or by word of mouth (3) When the trust is for the payment of the debts of the author of the trust

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