Cfp exam latest update - Study guides, Class notes & Summaries

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 - Answer-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 falls to $30 per share, how much equity must Laureen contribu...

CFA NEW EXAM REVIEW FOR 2022 LATEST UPDATE Test prep Week 2 Solution The following table highlights the values and stakeholders that underpin various codes and standards for finance practitioners around the world. Country Industry Values-Behaviours Values- Stakeholders USA Financial planning (CFP Board n.d.) Honesty, integrity, competence, diligence, client best interest, due care, managing conflicts of interest, confidentiality and professional behaviour Clients and the profession M...