Cfa Level 2 Mock Questions Info
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- Kaplan Schweser: Offers 4-6 full mocks. Their questions are slightly easier than the real exam but excellent for building confidence and speed.
- Mark Meldrum (MM): Known for being harder than the real exam. His mocks are brutal, but if you can pass an MM mock, you will likely walk through the real exam.
- UWorld / AnalystPrep: Offer visual explanations and massive Q-banks with mock simulations.
Strategies for Effective Practice
Avoid these self-sabotaging behaviors:
Vignette Style:
Each set provides a story about a company or economy. cfa level 2 mock questions
- Goal: Learn the vignette reading style.
- Action: Take Mock #1 and #2 with your formula sheet open. No timer (but track your time). Focus on understanding why you got a question wrong, not the score.
- Question review: Spend 3 hours reviewing for every 1 hour of testing.
- Company X: market price per share = $85, shares outstanding = 10 million.
- Last fiscal year EPS = $4.00; expected growth next year = 6%.
- Book value per share = $40.
- Comparable companies trade at average P/B = 2.5 and P/E = 18.
- Risk-free rate = 3%, market risk premium = 6%, beta = 1.2.
- Company has long-term debt of $200 million at market value; cash = $50 million. Tax rate = 25%.