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Crcp exam / latest crpc exam complete questions and correct answers (a new updated version) new!!
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Crcp exam / latest crpc exam complete questions and correct answers (a new updated version) new!!
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Crcp exam / latest crpc exam 2024-2025complete questions and correct answers (a
new updated version) new!!
All of these are examples of asset allocation strategies except
A)
tactical.
B)
core/satellite.
C)
strategic.
D)
alpha. - Answer-D
Assume the following asset classes have the correlations to long-term
government bonds shown below:
Treasury bills:.12Gold:-.25Large stocks:.22Small stocks:.17
Which one of the following best exemplifies the impact of
diversification on long-term government bonds?
A)
,Large stocks provide more diversification than small stocks.
B)
Small stocks provide more diversification than Treasury bills.
C)
Gold provides more diversification than large stocks.
D)
Treasury bills provide more diversification than gold. - Answer-C
The two major risks associated with individual common stocks are
A)
interest rate risk and purchasing power risk.
B)
market risk and business risk.
C)
default risk and business risk.
D)
interest rate risk and exchange rate risk. - Answer-B
What is the price of a bond with a 7% coupon, a $1,000 par value, and a
maturity of 20 years if the market interest rate for similar bonds is 6%?
A)
$1,115.57
,B)
$1,000.00
C)
$1,074.39
D)
$893.23 - Answer-A
This year, your 63-year-old client had $17,025 of earned income and
$30,000 of investment income. He was also drawing Social Security
benefits. Which one of the following correctly describes the impact on
his Social Security benefits?
A)
He loses $1 of benefits for every $3 above the "allowable limit."
B)
He loses $1 of benefits for every $1 above the "allowable limit."
C)
There is no reduction to his benefits.
D)
He loses $1 of benefits for every $2 above the "allowable limit." -
Answer-C
Mary Goodwin's financial situation is as follows:
Cash/cash equivalents $15,000
, Short-term debts $8,000
Long-term debts $133,000
Tax expense $7,000
Auto note payments $4,000
Invested assets $60,000
Use assets $188,000
What is her net worth?
A)$111,000
B)$137,000
C)$122,000
D)$263,000 - Answer-C
At the end of last year, Bill Greer has the following financial
information:
Salaries$70,000Auto payments$5,000Insurance
payments$3,800Food$8,000Credit card
balance$10,000Dividends$1,100Utilities$3,500Mortgage
payments$14,000Taxes$13,000Clothing$9,000Interest
income$2,100Checking
account$4,000Vacations$8,400Donations$5,800
What is the cash flow surplus or (deficit) for Bill?
A)
$2,700
B)
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