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CFA Level I · CFA Level I Exam · Ethics and Trust in the Investment Profession

The phrase "for the ultimate benefit of society" in the CFA Institute mission is most likely intended to underscore the goal of:

The phrase underscores the aim of a socially, politically and financially stable society that fosters individual well-being. A key ingredient is global capital markets that allocate resources efficiently so capital reaches where it most benefits society.

  1. Amaximizing fees earned by investment professionals
  2. Ba socially, politically and financially stable society supported by capital markets that allocate resources efficientlyCorrect
  3. Climiting capital flows to local projects only

Explanation

The text says the phrase reflects a wish to live in a socially, politically and financially stable society that fosters individual well-being. A key ingredient is global capital markets that efficiently allocate capital to where it most benefits society. The other options are not stated goals.

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