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 Free CFA Level 1 Test 62 Practice Sample Questions 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: 611:
Which of the following is most likely a limitation of the yield-to-maturity measure?
Option A : It does not reflect the timing of the cash flows
Option B : It assumes coupon payments can be invested at the yield to maturity
Option C : It does not consider the capital gain or loss the investor will realize by holding the bond to maturity.
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Option B : It assumes coupon payments can be invested at the yield to maturity
CFA Level 1 Exam Question No: 612:
Which of the following most likely exhibits negative convexity?
Option A: A put able bond
Option B: A callable bond
Option C: An option-free bond
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Option B : A callable bond
Free CFA Level 1 Mock Exam Question No: 613:
An investor is least likely exposed to reinvestment risk from owning a(n):
Option A: callable bond
Option B: zero-coupon bond
Option C: amortizing security
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Option B : zero-coupon bond
CFA Level 1 Free Practice Question No: 614:
All other things being equal, a decrease in expected yield volatility most likely increases the price of:
Option A: a put able bond
Option B: a callable bond
Option C: an option-free bond
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Option B : a callable bond
Free CFA Practice Question No: 615:
Which of the following is /east likely an interest rate policy tool available to the U.S. Federal Reserve?
Option A: A change in capital gains tax rates
Option B: Conducting open market operations
Option C: A change in bank reserve requirements
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Option A : A change in capital gains tax rates
CFA Level 1 Sample Question No: 616:
Which of the following is least likely a part of the execution step of the portfolio Management process?
Option A: Security analysis
Option B: Portfolio construction
Option C: Performance measurement
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Option C : Performance measurement
Free CFA Level 1 Quiz Question NO: 617:
The correlation between the historical returns of Stock A and Stock B is 0.75. If the variance of Stock A is 0.16 and the variance of Stock B is 0.09, the covariance of returns of Stock A and Stock B is closest to:
Option A: 0.01
Option B: 0.09
Option C: 0.16
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Option B : 0.09
Free CFA Level 1 Quiz Question NO: 618:
The point of tangency between the capital allocation line (CAL) and the efficient frontier of risky assets most likely identify are:
Option A: Optimal risky portfolio
Option B: Optimal investor portfolio
Option C: Global minimum-variance portfolio
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Option A : Optimal risky portfolio
Free CFA Practice Question No: 619:
The stock of GBK Corporation has a beta of 0.65. If the risk-free rate of return is 3% and the expected market return is 9%, the expected return for GBK is closest to:
Option A: 3.9%
Option B: 6.9%
Option C: 10.8%
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Option B : 6.9%
CFA Mock Exam Free Question No: 620:
A return-generating model that provides an estimate of the expected return of a security based on factors such as earnings growth and cash flow generation is best described as a:
Option A: Market factor model
Option B: Fundamental factor model
Option C: Macroeconomic factor model
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Option B: Fundamental factor model
