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EXAM IFM INVESTMENT AND FINANCIAL MARKETS
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---87augustus 20242024/2025A+
- These questions and solutions are based on material from the Corporate Finance 
textbook by Berk/DeMarzo (Learning Outcomes 1-5 of the Exam IFM syllabus) and two 
study notes, IFM-21-18 and IFM-22-18. Questions 1-33 are from Corporate Finance and 
Questions 34–43 are from the study notes. 
They are representative of the types of questions that might be asked of candidates sitting 
for Exam IFM. These questions are intended to represent the depth of understanding 
required of candidates. ...
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