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CFA Level 2
Browse practice questions
Question
Category
Subcategory
Difficulty
Identifying Tactical Asset Allocation
Asset Allocation
Tactical Asset Allocation
Easy
ABC Corporation's Defined Benefit Plan L ...
Employee Compensation
Defined Benefit Plans
Hard
Understanding IRR in Private Equity Perf ...
Private Equity Valuation
Performance Measurement
Very Easy
Equity Valuation of NextGen Technologies ...
Equity Valuation Applications
Free Cash Flow Valuation
Hard
Forward Pricing of Currency Forwards
Forward Pricing and Valuation
Currency Forwards
Very Hard
John's Ethical Dilemma Regarding IPO Inv ...
Professional Standards Application
Conflicts of Interest
Very Hard
Sustainable Competitive Advantage in Con ...
Industry and Company Analysis
Company Analysis
Easy
Conflict of Interest in Financial Analys ...
Professional Standards Application
Ethical Decision-Making
Easy
Recognition of Share-Based Compensation ...
Employee Compensation
Share-Based Compensation
Very Hard
Evaluating the Overall Return on a Carry ...
Currency Exchange Rates
Carry Trade
Very Hard
Managing Conflicts of Interest in Adviso ...
Professional Standards Application
Conflicts of Interest
Easy
Understanding the Role of the Board of D ...
Corporate Governance
Board of Directors
Very Easy
Forward Pricing and Valuation of Currenc ...
Forward Pricing and Valuation
Currency Forwards
Very Easy
Black-Scholes European Call Option Valua ...
Option Valuation
Black-Scholes Model
Hard
Understanding Mean Absolute Error (MAE) ...
Time-Series Analysis
Model Evaluation
Very Easy
Valuation of XYZ Corporation Using Marke ...
Equity Valuation Applications
Market-Based Valuation
Very Hard
Valuation Approach for Early-Stage Ventu ...
Private Equity Valuation
Venture Capital
Hard
Assessing Impairment of Investments
Intercorporate Investments
Impairment of Investments
Hard
Estimating the Intrinsic Value using DDM
Equity Valuation Applications
Discounted Dividend Valuation
Very Easy
Assessing the Effectiveness of a Board o ...
Corporate Governance
Board of Directors
Medium
Calculating Delta of a European Call Opt ...
Option Valuation
Greeks
Very Hard
Managing Conflicts of Interest in Client ...
Professional Standards Application
Conflicts of Interest
Hard
Calculating One-Year Forward Rate
Term Structure Dynamics
Forward Rates
Hard
Relative Value Hedge Fund Strategy Optim ...
Hedge Fund Strategies
Relative Value
Very Hard
Ethical Implications of Investment Banki ...
Research Objectivity Standards
Investment Banking Relationships
Very Hard
Hypothesis Testing in Multiple Regressio ...
Multiple Regression Analysis
Hypothesis Testing
Medium
Managing Conflicts of Interest
Professional Standards Application
Conflicts of Interest
Very Easy
Disclosure of Personal Investment in Res ...
Research Objectivity Standards
Personal Investments
Easy
Evaluating Equity Hedge Strategies in He ...
Hedge Fund Strategies
Equity Hedge
Hard
Responsibility to Employer Regarding Pro ...
Professional Standards Application
Responsibilities to Employers
Easy
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