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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 208 Topic 21 Discussion

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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 208 Topic 21 Discussion

CWM_LEVEL_2 Exam Topic 21 Question 208 Discussion:
Question #: 208
Topic #: 21

Section B (2 Mark)

Calculate the duration of a 10 year annual annuity that has a yield of 7%.
A.

5.50 Years

B.

4.94 Years

C.

3.85 Years

D.

6.50 Years

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Actual exam question for AAFM CWM_LEVEL_2 exam by Cyra7542 at Aug 3, 2025, 12:00:00 AM

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