CFA Level 1 Study Guide and Practice Questions

Free cfa exam practice questions to pass cfa exam wample questions. For free online cfa training sample questions you must go through real exam. For that we provide cfa exam practice questions real test. We discuss in these Chartered Financial Analyst (CFA) from different topics like cfa online course, cfa review course online .

cfa exam questions free download

In this test you have to answer cfa review course individual self study. To get pass cfa certification exam you must answers correct. So Enjoy these cfa preparation course to get enough knowledge for cfa book pdf attempt. You will get mock test answers after click submit button at bottom. If any question wrong just click on go back button to correct it. Easy Na!

CFA Level 1 Questions And Answers Download

cfa sample papers cfa exam preparation


Q:1-A bond is priced such that it has a 9% yield to maturity. However, inflation is expected to be 2% per year over the remaining life of the bond. What is the real return for this investment?
Mark one answer:

4.50%
6.86%
7.00%
9.00%



Q:2-A bond issued by the Federal Home Loan Bank or the Federal Home Loan Mortgage Corporation are examples of what type of bond?
Mark one answer:

Treasury bond
Corporate bond
Municipal bond
Agency bond


Q:3-The Treasury Department sells a zero-coupon bond that will mature in two years. The bond has a face value of $10,000, and sold at auction for $9,400. What is the annual return for an investor buying the bond?
Mark one answer:

3.00%
3.14%
6.38%
7.00%


Q:4-A bond is trading on the secondary market and will mature in 10 years. The bond has a face value of $1,000 that will be paid at maturity. Further, the bond pays an annual coupon at 9% of face value. What should the trading price be for the bond if investors seek a 12% on their investment?
Mark one answer:

$1,192.53
$830.49
$827.95
$508.52


Q:5-Which type of bond has the highest daily trading volume in our economy?
Mark one answer:

Treasury bonds
Agency bonds
Corporate bonds
Municipal bonds


test-questions.com

Q:6-A bond currently trades at $975 on the secondary market. The bond has 10 years until maturity and pays an annual coupon at 9% of face value. The face value of the bond is $1,000. What is the yield to maturity for this bond?
Mark one answer:

8.86%
9.00%
9.23%
9.40%


Q:7-A bond currently trades at $980 on the secondary market. The bond has 10 years until maturity and pays a semi-annual coupon at 9% APR of face value. The face value of the bond is $1,000. What is the yield to maturity for this bond?
Mark one answer:

9.00%
9.18%
9.25%
9.31%


Q:8-A bond currently trades at $975 on the secondary market. The bond has 10 years until maturity and pays an annual coupon at 9% of face value. The face value of the bond is $1,000. What is the coupon yield for this bond?
Mark one answer:

8.86%
9.00%
9.23%
9.40%


Q:9-A $1,000 par value bond makes two coupon payments per year of $60 each. What is the bonds yield to maturity if the bond currently trades at $1,200 and will mature in two years?
Mark one answer:

1.78%
3.48%
6.00%
6.43%


Q:10-A one-year Treasury security currently returns a 4.50% yield to maturity. A two-year Treasury security offers a 4.80% yield to maturity. If the expectations hypothesis is true, what is the expected return on a one-year security next year?
Mark one answer:

4.80%
4.90%
5.00%
5.10%



Free        Premium    


cfa exam practice questions pdf cfa questions and answers pdf