CFA Level 2
Browse practice questions
Question
Category
Subcategory
Difficulty
- Equity Valuation ApplicationsResidual Income ValuationVery Hard
- Corporate GovernanceShareholder RightsMedium
- Equity Valuation ApplicationsMarket-Based ValuationVery Hard
- Credit Analysis and ValuationCredit Risk MeasurementVery Hard
- Performance EvaluationPerformance AppraisalEasy
- Hedge Fund StrategiesEquity HedgeMedium
- Research Objectivity StandardsPersonal InvestmentsHard
- Performance EvaluationRisk-Adjusted MeasuresHard
- Employee CompensationShare-Based CompensationMedium
- Equity Market StructureOrder Types and InstructionsHard
- Multinational OperationsHedging Currency RiskEasy
- Private Equity ValuationLeveraged BuyoutsVery Easy
- Equity Valuation ApplicationsMarket-Based ValuationEasy
- Capital Structure DecisionsFinancial DistressEasy
- Industry and Company AnalysisCompany AnalysisMedium
- Corporate GovernanceShareholder RightsVery Easy
- Multiple Regression AnalysisHypothesis TestingHard
- Professional Standards ApplicationResponsibilities to ClientsMedium
- Hedge Fund StrategiesRelative ValueHard
- Professional Standards ApplicationResponsibilities to ClientsEasy
- Employee CompensationShare-Based CompensationMedium
- Option ValuationImplied VolatilityEasy
- Capital Structure DecisionsAgency CostsHard
- Professional Standards ApplicationEthical Decision-MakingHard
- Intercorporate InvestmentsImpairment of InvestmentsHard
- Private Equity ValuationLeveraged BuyoutsEasy
- Time-Series AnalysisModel EvaluationHard
- Multiple Regression AnalysisHypothesis TestingVery Hard
- Credit Analysis and ValuationReduced Form ModelsMedium
- Private Equity ValuationPerformance MeasurementEasy
Page 68
© 2025 Decimal. All rights reserved.