Question
QUESTION 147 Which of the following is most important in calculating the return objective for a pension fund? a. The market risk premium and beta
QUESTION 147
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Which of the following is most important in calculating the return objective for a pension fund?
a. The market risk premium and beta of the portfolio.
b. The return on the market portfolio.
c. The required return, as calculated by the CAPM.
d. The discount rate used to calculate the present value of the pension obligation.
QUESTION 148
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Which of the following are goals of the CFA and/or the CFP codes of conduct? (1) Setting a fiduciary standard for advisers. (2) Maintaining confidentiality of client information. (3) Creating transparency regarding conflicts of interest. (4) Setting guidelines for the calculation of investment returns.
a. 1, 3, and 4.
b. 1, 2, and 3.
c. 2, 3, and 4.
d. 1, 2, 3, and 4.
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