Free CWM_LEVEL_2 Exam Braindumps (page: 7)

Page 6 of 22

Notice of loss should be given to the insurer within __________ days of the event of the loss.

  1. 30
  2. 15
  3. 7
  4. 21

Answer(s): A



A firm has a higher asset turnover ratio than the industry average, which implies that

  1. The firm has a higher P/E ratio than other firms in the industry
  2. The firm is more likely to avoid insolvency in the short run than other firms in the industry
  3. The firm is more profitable than other firms in the industry
  4. The firm is utilizing assets more efficiently than other firms in the industry

Answer(s): D



When two banks simply agree to exchange a portion of their customers’ loan repayments, they are using a_____?

  1. Credit Option
  2. Standby Letter of Credit
  3. Credit Linked Note
  4. Credit Swap

Answer(s): D



Which one of the following can be availed while a company is making an IPO?

  1. Differential Pricing
  2. Price Band
  3. Green-shoe
  4. All of the above

Answer(s): D






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