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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...
![](/docpics/5650802/666eaec08d2c5_5650802_121_171.jpeg)
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...
![](/docpics/5650800/666eaebd963af_5650800_121_171.jpeg)
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