Cfp investments - Study guides, Class notes & Summaries

FP511 Practice Exam Correct 100%!Which of the following activities would be appropriate if you were establishing and defining the client-planner relationship or gathering information necessary to fulfill the engagement? 1 Collecting personal financial information 2 Inquiring about the number of dependents 3 Inquiring about the age or dates of birth of dependents 4 Determining which stocks to purchase for the client's investment portfolio - ANSWER 1-3 Establishing and defining the client-...

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 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 contribute? ...

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...

Financial planning - ANSWER-is the integrated, coordinated management of an individual's financial situation. Within a planning engagement, a financial plan is carefully crafted and serves as the guiding document to bring an assortment of information together—this includes investments, insurance policies, estate planning documents, and files of relevant financial information. By design, the financial planning process includes monitoring and updating responsibilities, which allow for the plann...

banker - Answer-Someone who, individually or as a member of a company, operates an establishment for the deposit or loan of money. budget - Answer-A detailed plan of income and expenses expected over a certain period of time. A budget can provide guidelines for managing future investments and expenses. financial plan - Answer-A comprehensive strategy designed to help individuals achieve specific financial goals and prepare for unexpected life challenges or events. Financial plans may inclu...

What are the 3 sub-specialties within finance? - correct answer - Corporate finance - Investments - Institutions Corporate finance - correct answer - Goal is to maximize shareholder wealth for publicly traded forms or to maximize owner wealth for privately held companies - A financial manager works towards this goal by managing the investing and financing functions of a firm Investments - correct answer ...

Specific companies are researched and chosen as investments based on their outstanding investment possibilities by analysts who practice: - correct answer Bottom up analysts are looking for the next big, but as yet, undiscovered stock that will break onto the scene. Bottom up analysts start with the company, then the industry and finally the economic climate. Top-down starts with the economic climate, moves to the industry and then the company. Yo...

2023 CFP Exam Guide Questions With Correct Answers Financial Planning Process (Practice Standards) - CORRECT ANSWER-EGADIM (Even God Admits Dat Its Amazing) - Establish Client-Planner Relationship, Gathering Client data, Analyze and Evaluate, Develop and Present the Plan, Implementing the Financial Plan, Monitoring the Financial Plan Purpose of Practice Standards - CORRECT ANSWER-to advance professionalism in practice, the value of planning, the guidelines for an engagement, complia...

CFP Mock Exam New Update 2023 with Complete Questions and Answers Which of the following is correct regarding certificates of deposit (CDs)? A. CD's are short-term securities that may be bought or sold in the open market at a market-determined price. B. CD's typically invest in high-quality, short-term investments, such as commercial paper, T-Bills, and money market funds. C. CDs are known as "time deposits" D. The financial institution pays a variable rate of interest for the ter...