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Changed GLO_CWM_LVL_1 Exam Questions

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Total 1057 questions

Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 5

The relevant banking ombudsman for filing a complain regarding credit card with central processing is the one under whose jurisdiction __________________?

Options:

A.

the head office of the bank falls

B.

the central processing center of the bank falls

C.

the nearest bank branch falls

D.

None of the above

Question 6

The share of a certain stock paid a dividend of Rs.10.00 last year. The dividend is expected to grow at a constant rate of 15 percent in the future. The required rate of return on this stock is considered to be 18 percent. How much should this stock sell for now? Assuming that the expected growth rate and required rate of return remain the same, at what price should the stock sell 4 years hence?

Options:

A.

Rs. 395.68, Rs. 690.25

B.

Rs. 383.33, Rs. 670.45

C.

Rs. 407.54, Rs. 712.38

D.

Rs. 435.85, Rs. 744.64

Question 7

A borrower defaults on a secured loan of Rs. 50,000. The underlying security is worth Rs. 60,000. Which of the following is true? "

Options:

A.

"Bank can retain Rs. 50,000. Balance Rs. 10,000 has to be paid to the borrower."

B.

Bank cannot sell the underlying security because its value is higher than loan.

C.

"Bank can retain the entire Rs. 60,000"

D.

"The excess of Rs. 10,000 has to be shared equally between the bank and the borrower."

Question 8

Sujoy has purchased shares of Rs.12500 of common stock in Hindustan Unilever . He has recently sold investment to the tune of Rs.15000 & received Rs 2500 as cash dividends during the holding period of 4 years. He paid a total of Rs 250 in commissions. What is CAGR on the investment?

Options:

A.

8.23%

B.

9.75%

C.

9.05%

D.

10.72%

Page: 2 / 40
Total 1057 questions