QUESTIONS 19 THROUGH 32 RELATE TO QUANTITATIVE METHODS

30. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013

30. The following table shows the volatility of a series of funds that belong to the same peer group,

ranked in ascending order:

Volatility

Volatility (%)

(%)

Fund 1

9.81

Fund 8

13.99

Fund 2

10.12

Fund 9

14.47

Fund 3

10.84

Fund 10

14.85

Fund 4

11.33

Fund 11

15.00

Fund 5

12.25

Fund 12

17.36

Fund 6

13.39

Fund 13

17.98

Fund 7

13.42

The value of the first quintile is closest to:

A. 10.70%.

B. 10.84%.

C. 11.09%