FREE CFA Level 1 sample questions everyday for December 2010 candidates

[sougatab]

Dear DG Members,

We hope that this initiative has helped in your preparation for the CFA Level 1 exam. As promised, we have posted sample questions everyday till November 25, 2010. We'll like to thank our partners Elan Guides and Austal Group for their help and support.

Please feel free to provide us your feedback on how we can improve and what else you would like to see in this forum.
All the best for the December 2010 CFA exam!

Regards,
Sougata

[isb2012]

Sougata - Excellent initiative. If a consolidated Q&A is published it will be of immense help to the candidates!

[neuralroby]

Kind Daulat Guru,
thanks a lot for your idea.
Do you have an easy .pdf paper that summarize all questions and answers published on the forum?
Regards.

[sougatab]

Thanks isb2012 and neuralroby!

We don't have a single document with the consolidated Q&A. We'll try to work on it and publish after a few days.

Regards,
Sougata

[naveen]

Great initiative Team DG!!!

[Daulat Guru]

Sougata - Excellent initiative. If a consolidated Q&A is published it will be of immense help to the candidates!

As some DG members had requested for a consolidated list of questions, we have compiled two documents. Please respect the copyright of the content providers and do not use the documents for any commercial purpose.

Also note that the questions published in the forum are not in the same order as those in the PDF files. Neither DG nor the content provider will be responsible for any discrepancies in the following documents.

Thank you,
Team DG

Please click the link below to download the FREE CFA Level 1 Sample Questions:
CFA Level 1 Questions

You will need to login with your Facebook or Twitter account to download the file.

[Sriram Raju]

Thanx a lot Team DG...Gr8 job!

[amit4.gupta]

I am facing problem in downloading the doc file..(Blank page and no content being displayed). Is anyone else facing this problem?
Regds,
Amit

[naveen]

I am facing problem in downloading the doc file..(Blank page and no content being displayed). Is anyone else facing this problem?
Regds,
Amit

I was able to download...the 2 PDF files are uploaded in Google Docs.

[jacob b]

I disagree that it is A

Demand should logically drop by 36% which is 54 and the answer should be 96..Basically increase in price by 30% makes demand go down by 1.2*30% = 36%

I disagree the correct answer I think is A. Your formula is a drop off. The correct formula for elasticity of demand is:

% change in Q demanded / % change in price

so you are correct in that you need to solve for % change in Q demanded to be .36, however % change = Q1-Q2/Avg Quantity

so to get your % change equal to .36 you will have 150-104.24/(150-104.24)/2 = 45.76/127.12 = 36%

now your price elasticity of 1.2 = .36/.30