CFA Level 1 Exam 57 Questions Bank Answer Keys AMBIPi

Hi CFA Aspirants, welcome to AKVTutorials. Are you preparing for CFA Level 1, 2, 3 exams for making a career in CFA (Charted Financial Analyst). According to CFA Wikipedia, CFA The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute. A candidate who successfully completes the program and meets other professional requirements is awarded the “CFA charter” and becomes a “CFA charter holder”. Therefore, you need CFA Study Notes and CFA Level 1 Exam 57 Questions Bank Answer Keys AMBIPi

In this article, you will get Free CFA Level 1 Mock Exam Practice Questions.

Free CFA Level 1 Mock Practice Exam Questions Bank

Free CFA Level 1 Practice Question No: 561:

Which of the following is most likely considered an example of matrix pricing when determining the cost of debt?

Option A : Debt-rating approach only

Option B : Yield-to-maturity approach only

Option C : Both the yield-to-maturity and the debt-rating approaches

Show/Hide Answer

Option B : Yield-to-maturity approach only

CFA Level 1 Exam Question No: 562:

A company’s data are provided in the following table:
Cost of debt                       10%
Cost of equity                    16%
Debt-to-equity ratio (D/E)   50%
Tax rate                             30%
The weighted average cost of capital (WACC) is closest to:

Option A: 13%

Option B: 11.5%

Option C: 14.0%

Show/Hide Answer

Option A : 13%

Free CFA Level 1 Mock Exam Question No: 563:

Which action is most likely considered a secondary source of liquidity?

Option A: Renegotiating current debt contracts to lower interest payments

Option B: Increasing the efficiency of cash flow management

Option C: Increasing the availability of bank lines of credit

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Option A : Renegotiating current debt contracts to lower interest payments

CFA Level 1 Free Practice Question No: 564:

The following information is available for a firm:
Revenue              $800,000
Variable cost        400,000
Fixed cost            200,000
Operating income 200,000
Interest               60,000
Net income          140,000
The firm’s degree of total leverage (DTL) is closest to:

Option A: 1.43

Option B: 2.86

Option C: 2.00 

Show/Hide Answer

Option B : 2.86

Free CFA Practice Question No: 565:

Business risk most likely incorporates operating risk and:

Option A: Interest rate risk

Option B: Sales risk

Option C: Financial risk

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Option B : Sales risk

CFA Level 1 Sample Question No: 566:

A trader who owns shares of a stock currently trading at $100 per share places a “GTC, stop $90, limit $85 sell” order (GTC means good till cancelled). Assuming the specified stop condition is satisfied and the order becomes executed, which of the following statements is most accurate?

Option A: The trader faces a maximum realized loss of $15

Option B: The order becomes a market order when the price falls below $85 and remains valid for execution

Option C: The order will be executed at either $90 or $85 

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Option A : The trader faces a maximum realized loss of $15

Free CFA Level 1 Quiz Question NO: 567:

A Japanese exporter will sell US dollars for Japanese Yen in the quote- driven currency markets. Which of the following statements best describes her currency exchange transactions?

Option A: Her counterparties are dealers

Option B: This currency exchange transaction takes place in organized exchanges

Option C: She will pay commissions for exchange services

Show/Hide Answer

Option A : Her counterparties are dealers

Free CFA Level 1 Quiz Question NO: 568:

A market index contains the following two securities:

The total return on an equal-weighted basis is closest to:

Option A: -1.75%

Option B: 2.78%

Option C: 2.25% 

Show/Hide Answer

Option C : 2.25% 

Free CFA Practice Question No: 569:

The advantages to an investor owning convertible preference shares of a company most likely include:

Option A: an opportunity to receive additional dividends if the company’s profits exceed a pre-specified level

Option B: preference dividends that are fixed contractual obligations of the company

Option C: less price volatility than the underlying common shares

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Option C : less price volatility than the underlying common shares

CFA Mock Exam Free Question No: 570:

The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced is most accurately described as:

Option A: Float-adjusted market-capitalization weighting

Option B: Equal weighting

Option C: Fundamental weighting 

Show/Hide Answer

Option C : Fundamental weighting 

CFA Notes Materials and QBanks

CFA Level 1 Notes
CFA Level 1 QBank: 1 to 10CFA Level 1 QBank: 11 to 20
CFA Level 1 QBank: 21 to 30CFA Level 1 QBank: 31 to 40
CFA Level 1 QBank: 41 to 50CFA Level 1 QBank: 51 to 60
CFA Level 1 QBank: 61 to 70CFA Level 1 QBank: 71 to 80
CFA Level 1 QBank: 81 to 90CFA Level 1 QBank: 91 to 100
CFA Level 1 QBank: 101 to 110CFA Level 1 QBank: 111 to 120
CFA Level 1 QBank: 121 to 130CFA Level 1 QBank: 131 to 140
CFA Level 1 QBank: 141 to 150CFA Level 1 QBank: 151 to 160
CFA Level 1 QBank: 161 to 170CFA Level 1 QBank: 171 to 180
CFA Level 1 QBank: 181 to 190CFA Level 1 QBank: 191 to 200
CFA Level 1 QBank: 201 to 210CFA Level 1 QBank: 211 to 220
CFA Level 1 QBank: 221 to 230CFA Level 1 QBank: 231 to 240
CFA Level 1 QBank: 241 to 250CFA Level 1 QBank: 251 to 260
CFA Level 1 QBank: 261 to 270CFA Level 1 QBank: 271 to 280
CFA Level 1 QBank: 281 to 290CFA Level 1 QBank: 291 to 300
CFA Level 1 QBank: 301 to 310CFA Level 1 QBank: 311 to 320
CFA Level 1 QBank: 321 to 330CFA Level 1 QBank: 331 to 340
CFA Level 1 QBank: 341 to 350CFA Level 1 QBank: 351 to 360
CFA Level 1 QBank: 361 to 370CFA Level 1 QBank: 371 to 380
CFA Level 1 QBank: 381 to 390CFA Level 1 QBank: 391 to 400
CFA Level 1 QBank: 401 to 410CFA Level 1 QBank: 411 to 420
CFA Level 1 QBank: 421 to 430CFA Level 1 QBank: 431 to 440
CFA Level 1 QBank: 441 to 450CFA Level 1 QBank: 451 to 460
CFA Level 1 QBank: 461 to 470
CFA Level 1 QBank: 481 to 480CFA Level 1 QBank: 491 to 500
CFA Level 1 QBank: 501 to 510CFA Level 1 QBank: 511 to 520
CFA Level 1 QBank: 521 to 530CFA Level 1 QBank: 531 to 540
CFA Level 1 QBank: 541 to 550CFA Level 1 QBank: 551 to 560
CFA Level 1 QBank: 561 to 570CFA Level 1 QBank: 571 to 580
CFA Level 1 QBank: 581 to 590CFA Level 1 QBank: 591 to 600
CFA Level 1 QBank: 601 to 610CFA Level 1 QBank: 611 to 620

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