FRM真题练习，备考的考生有必要做练习吗？

临近5月FRM考试，你是如何备考的？看大量的学习资料？看FRM网课？无论是怎样的复习，都是为了能够顺利通过考试。在备考中，还会遇到有的考生做练习题，并且是历年的FRM真题，那么，备考的考生有必要做吗？

在备考FRM考试中，做大量的真题练习是很有必要的，尤其是历年的FRM真题。下面是小编列举的，一起了解一下：

Charleston Funds intends to use leverage to increase the returns on a  convertible arbitrage strategy. The return on assets (ROA) of the strategy is  8%.

The fund has $1,000 invested in the strategy and will finance the investment  with 75% borrowed funds. The cost of borrowing is 4%. The return on equity (ROE)  is closest to:

A) 4%.

B) 32%.

C) 20%

D) 12%

答案：C

解析：debt=$1,000x0,75=$750

leverage ratio = total assets / equity

leverage ratio = $1,000 / $250 = 4

rE = LrA - (L - 1)rD

where:

rA = return on assets

rE = return on equity

rD = cost of debt

L = leverage ratio

return on equity = 4(8%) - [(4 - 1)(4%)] = 32% - 12% = 20%

FRM考试的内容就分享这么多，考生如果对FRM考试还有更多的疑问，可以文章评论一起学习探讨！另外，有2022年全年备考日历，想要的私信或者评论哦！