Practice Quiz

CFP Certified Financial Planner Test Prep - Question List

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11.

A hedge position should provide a(n) ______________ position in market equilibrium.

  1. Low risk
  2. Moderate risk
  3. High risk
  4. Risk free
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12.

Suppose you have common stock of TigerCorp amounting to $100 million. At the end of the year, TigerCorp declares a dividend paid to common stock holders. The effect of the dividend on your investment would be:

  1. Increasing its value
  2. Decreasing its value
  3. Having no impact
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13.

Suppose that the company Leopard Inc. is intending to make a huge investment in Lion Unlimited. Which type of risk is Leopard Inc. facing?

  1. Business risk
  2. Reputation risk
  3. Credit risk
  4. Strategic risk
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14.

A call option is a form of _____ insurance.

  1. Profit
  2. Interest
  3. Price
  4. None of the above
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15.

Jerry Jaguar received an order from the CFP board on July 1, 2016. Now he intends to file an appeal against the order to the CFP Board’s appeal committee in accordance with the rules and procedure of the appeal committee on August 2, 2016. What will be result of such an appeal?

  1. Jerry Jaguar will be contacted by September 2 with a final decision
  2. A notice will be issued to the CFP board, which will have 6 months to reply
  3. A CFP board order will become final if the appeal is not filed within 30 days.
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