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CFP Exam Questions with 100% Correct Answers

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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...

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CFP Practice Questions with 100% Correct Answers

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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...

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CFP Exam Questions and Answers 100% Pass

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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

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