CFA Quizzes & Trivia

Do you have knowledge of stocks and bonds? Do you know a thing or two about investment management and financial analysis? If so, these quizzes are right up your alley.

If you’ve ever thought about becoming a Chartered Financial Analyst (CFA) these quizzes ate a great way to find out if you’re cut out for the job. See how much you really know about CFAs and what they do before you decided it’s the right career for you.

Who offers the CFA professional credential? Is the CFA an academic degree? True or false: the CFA exam is considered to be the most difficult test on Wall Street. What is the CFA charter a qualification for? When was the CFA designation first awarded? What are the necessary requirements for becoming a charter holder? If you’re looking for a better understanding of the whole process, look no further! These quizzes have everything you need.

Test On Ethics For CFA Level 1

There are 20 questions in this test from the Ethics section of the CFA Level 1 syllabus. You will get 30 minutes to complete the test.

Questions: 20 | Attempts: 1352 | Last updated: Jan 29, 2013

Sample Question
An "access" person is also known as -

Ombudsman

Fiduciary

Covered person

Test On Economics For CFA Level 1

There are 20 questions in this test from the Economics section of the CFA Level 1 syllabus. You will get 30 minutes to complete the test.

Questions: 20 | Attempts: 1170 | Last updated: Nov 30, 2016

Sample Question
All of the following factors will cause a demand curve to shift EXCEPT changes in:

The cost of production for the product

The number of consumers in the market

The prices of related goods

Test On Fixed Income For CFA Level 1

There are 20 questions in this test from the Fixed Income section of the CFA Level 1 syllabus. You will get 30 minutes to complete the test.

Questions: 20 | Attempts: 697 | Last updated: Jan 29, 2013

Sample Question
Which of the following is true about a bond with a deferred call provision?

It could be called at any time during the tenure of the bond

Principal repayment can be deferred until it reaches maturity

It could not be called right after the date of issue

Test On Corporate Finance For CFA Level 1

There are 19 questions in this test from the Corporate Finance section of the CFA Level 1 syllabus. You will get 28 minutes to complete the test.

Questions: 19 | Attempts: 560 | Last updated: Jan 29, 2013

Sample Question
Stockholders' equity is:

The fair market value of a company

Liabilities minus assets

Contributed capital plus retained earnings

Test On Derivatives For CFA Level 1

There are 10 questions in this test from the Derivatives section of the CFA Level 1 syllabus. You will get 15 minutes to complete the test.

Questions: 10 | Attempts: 490 | Last updated: Jan 29, 2013

Sample Question
What are the minimum values of an American-style and a European-style 3-month call option with a strike price of $90 on a non-dividend-paying stock trading at $96 if the risk-free rate is 3%?

American: $6.00, European: $6.00

American: $6.00, European: $5.62

American: $6.62, European: $6.62

CFA Questions & Answers

What will happen if the price of CD players decreases if the demand curve for compact discs slopes downwards, and the supply curve slopes upwards(in the graph below)?

1. The equilibrium price of compact discs will riseClearly CD players are a complementary good to compact discs. So if the price of CD players decreases the demand for them will rise and so too will the demand for compact discs. Hence the demamd curv

Which one of the following bonds has the greatest volatility?

1. 10-year, 10% coupon-this question is asking: given a change in yield, which of the bonds will exhibit the greatest price change? of the four choices, the bond with the longest maturity and lowest coupon will have the greatest price volatility.all

What would be the initial cash outlay? BackInSoon, Inc., has estimated that a proposed project's 10-year annual net cash benefit, received each year end, will be $2,500 with an additional...

$15,617.22($15,617.22)2500 9 ys 3473.951167500 10th yr $19,091.17

Which of the following choices is closest to the portfolio’s effective duration? Ghanshyam group’s economics department has forecast that interest rates are going to change by 70 basis points....

1. 3.50Effective duration = (price when interest rates fall - price when interest rates rise) / (2 initial price basis point change) = (4.2) / (2 120.00 0.005) = 3.50.