Casinos and bonds due to his compliance with islamic

• Casinos and bonds due to his compliance with Islamic law.
In which section of the IPS, will Wesley most likely document Masri’s
instructions regarding:
GreenX Inc.? Casinos & bonds?
A. Unique circumstances Unique circumstances
B. Legal and regulatory factors Unique circumstances
C. Legal and regulatory factors Legal and regulatory factors

Level I of CFA ® Program Mock Exam 1 – Questions (PM)
FinQuiz.com © 2020 - All rights reserved. 37
114. Which of the following best describes the outcome of the portfolio approach?
115. The sensitivity of the derivative price to a small change in the value of the
underlying asset is called:
116. Which of the following least describes the implications of separation theorem?
Under separation theorem:
117. Tom Dixon, CFA wrote the following statement in his article:
“An investor’s expected income and time horizon helps in determining his
willingness to take risk and his level of wealth relative to liabilities helps in
determining his ability to take risk.”
Dixon is most likely correct with respect to:
A. his statement.
B. factors determining the ability to take risk.
C. factors determining the willingness to take risk.

Level I of CFA ® Program Mock Exam 1 – Questions (PM)
FinQuiz.com © 2020 - All rights reserved. 38
118. Which of the following is not one of the principles on which the strategic asset
allocation is based?
119. How would a technician seek to generate profit in a reverse head and shoulder
pattern if the price at the bottom of the head was $156 and neckline price was
roughly $187?
120. Technical analysis is least likely based on the factor that: