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CIRA Test Score Report & AIWMI CIRA Passleader Review - CIRA Valid Exam Testking - FreeTorrent

CIRA

Exam Code: CIRA

Exam Name: Certified Investment Research Analyst

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
You have a Dynamics CRM organization.
Currently, users can view 50 records per page.
You need to ensure that the users can view 250 records per page.
What should you do?
A. Instruct the administrators to configure their options.
B. Instruct an administrator to configure the view settings, and then to share a view.
C. Instruct the users to configure their options.
D. Instruct the users to create custom views.
Answer: C

NEW QUESTION: 2
Which of the following is true of an OLAP data structure?
A. Cardinality must be defined.
B. Allows "real time" analysis against disparate data sources.
C. Organizes dimension tables into hierarchies and levels.
D. Comprised of normalized dimension and fact structures.
Answer: C

NEW QUESTION: 3
Consider the following graph of the Security Market Line (SML). The letters X, Y, and Z represent risky asset portfolios. The SML crosses the y-axis at the point 0.07. The expected market return equals 13.0 percent. Note: The graph is NOT drawn to scale.
Using the graph above and the information provided, determine which of the following statements is TRUE.
A. Portfolio Y is undervalued.
B. The correct label for the x-axis is total risk.
C. Portfolio X's required return is greater than the market expected return.
D. The expected return (or holding period return) for Portfolio Z equals 14.8%.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
At first, it appears that we are not given the information needed to calculate the holding period, or expected return (beginning price, ending price, or annual dividend). However, we are given the information required to calculate the required return (CAPM) and since Portfolio Z is on the SML, we know that the required return (RR) equals the expected return (ER). So, ER = RR = Rf+ (ERM- Rf) * Beta = 7.0% + (13.0% -
7.0%) * 1.3 = 14.8%.
The SML plots beta (orsystematic risk) versus expected return, the CML plots total risk (systematic plus unsystematic risk) versus expected return. Portfolio Y is overvalued - any portfolio located below the SML has an RR > ER and is thus overpriced. Since Portfolio X plots above the SML, it is undervalued and the statement should read, "Portfolio X's required return islessthan the market expected return."

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