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CFP Exam Questions with 100% Correct Answers
CFP Exam Questions with 100% Correct Answers 
Lisa purchased 500 shares of XYZ stock trading at $40 per share, with an initial margin 
requirement of 60% and a maintenance margin of 30%. At What price would Lisa 
receive a margin call? 
A. $20 
B. $22.86 
C. $57.14 
D. $80.00 - Correct Answer️️ -B. $22.86 
40*(1-.60)/ 1-.30= 22.86 
Lareen purchased 1000 shares of CWC stock for $80 per share with an initial margin 
requirement of 65% and a maintenance margin of 40%. Assume the stock price fal...
- Exam (elaborations)
- • 15 pages •
CFP Exam Questions with 100% Correct Answers 
Lisa purchased 500 shares of XYZ stock trading at $40 per share, with an initial margin 
requirement of 60% and a maintenance margin of 30%. At What price would Lisa 
receive a margin call? 
A. $20 
B. $22.86 
C. $57.14 
D. $80.00 - Correct Answer️️ -B. $22.86 
40*(1-.60)/ 1-.30= 22.86 
Lareen purchased 1000 shares of CWC stock for $80 per share with an initial margin 
requirement of 65% and a maintenance margin of 40%. Assume the stock price fal...
CFP Practice Questions with 100% Correct Answers
CFP Practice Questions with 100% Correct Answers 
Stafford Loans are administered by: 
A) Private Loan Administration 
B) Federal Family Education Loan Program 
C) Parent loans to undergraduate students 
D) Federal assistance loan program - Correct Answer️️ -B 
Perkins loans - Correct Answer️️ -Low-interest federal student loans for undergraduate 
and graduate students distributed on the basis financial need. 
Are Parent Loans to Undergraduate Students (PLUS) available to both full and p...
- Exam (elaborations)
- • 14 pages •
CFP Practice Questions with 100% Correct Answers 
Stafford Loans are administered by: 
A) Private Loan Administration 
B) Federal Family Education Loan Program 
C) Parent loans to undergraduate students 
D) Federal assistance loan program - Correct Answer️️ -B 
Perkins loans - Correct Answer️️ -Low-interest federal student loans for undergraduate 
and graduate students distributed on the basis financial need. 
Are Parent Loans to Undergraduate Students (PLUS) available to both full and p...
CFP Exam Questions and Answers 100% Pass
CFP Exam Questions and Answers 100% Pass 
Eurodollar - Correct Answer️️ -a deposit in a foreign bank that is denominated in 
dollars 
Yankee Bond - Correct Answer️️ -dollar denominated bonds issued in the US by 
foreign banks and corporations, used when market conditions in the US are better than 
those overseas. 
OID - Correct Answer️️ -original issue discount - a bond discounted from par value as 
a zero coupon bond. There is no taxable phantom income fro
- Exam (elaborations)
- • 2 pages •
CFP Exam Questions and Answers 100% Pass 
Eurodollar - Correct Answer️️ -a deposit in a foreign bank that is denominated in 
dollars 
Yankee Bond - Correct Answer️️ -dollar denominated bonds issued in the US by 
foreign banks and corporations, used when market conditions in the US are better than 
those overseas. 
OID - Correct Answer️️ -original issue discount - a bond discounted from par value as 
a zero coupon bond. There is no taxable phantom income fro