CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

The NASDAQ Composite Index had 2,407.650 points on January 5, 2011 and 1,987.260 points on December 28, 2011. It peaked on January 5, 2011 at 2,781.300, and it reached its lowest point in 2011 on September 21 at 1,423.190. If a person is interested in the performance of this index during 2011, what should the value be for the upper range of possible outcomes?

A. 1,423.190
B. 1,987.260
C. 2,407.650
D. 2,781.300
Correct Answer: D

The index peaked at 2,781.300 in 2011, so that should be the value of the upper side of the range.

User Contributed Comments 3

User Comment
Yrazzaq88 Obviously?
Hermalia Sometimes when a question is too obviously you second guess yourself.
hemraj007 You are right Hermalia
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