CANNON CTFA COMPLETE EXAMINATION
TEST QUESTIONS WITH VERIFIED
SOLUTIONS
●● Common Stockholders
Answer: Who benefits the most in a highly leveraged company during
periods of rising profits
●● Federal level ONLY. EXEMPT from State and Local level.
Answer: What level are Treasury Securities taxed at?
●● Municipal Bonds
Answer: What can Pooled Income Funds NOT invest in
●● Bonds
Answer: A widow, 75 years old, with no heirs wants stable income with
little risk should have a portfolio constructed mostly of what?
●● Common Stock
Answer: What has provided the highest return over the past 50 years
●● Growth Stocks
, Answer: Exhibit high PE Ratios, Low Dividend Yields, high price
volatility
●● Food, beverage, toiletries
Answer: Defensive stocks include
●● The companies Board of Directors
Answer: Who determines and declares a companies dividends
●● Corporate Bonds
Answer: What pays a high yield compared to Treasury or Agency
Bonds?
●● appreciating; lower
Answer: When exchange rates of foreign currencies increases it means
the foreign currency is _____________and the cost of US made goods in
that country will be _____________
●● Money-Market Funds
Answer: Possesses HIGH liquidity and HIGH marketability VERY low
risk investment option?
●● Gold and Real Estate
TEST QUESTIONS WITH VERIFIED
SOLUTIONS
●● Common Stockholders
Answer: Who benefits the most in a highly leveraged company during
periods of rising profits
●● Federal level ONLY. EXEMPT from State and Local level.
Answer: What level are Treasury Securities taxed at?
●● Municipal Bonds
Answer: What can Pooled Income Funds NOT invest in
●● Bonds
Answer: A widow, 75 years old, with no heirs wants stable income with
little risk should have a portfolio constructed mostly of what?
●● Common Stock
Answer: What has provided the highest return over the past 50 years
●● Growth Stocks
, Answer: Exhibit high PE Ratios, Low Dividend Yields, high price
volatility
●● Food, beverage, toiletries
Answer: Defensive stocks include
●● The companies Board of Directors
Answer: Who determines and declares a companies dividends
●● Corporate Bonds
Answer: What pays a high yield compared to Treasury or Agency
Bonds?
●● appreciating; lower
Answer: When exchange rates of foreign currencies increases it means
the foreign currency is _____________and the cost of US made goods in
that country will be _____________
●● Money-Market Funds
Answer: Possesses HIGH liquidity and HIGH marketability VERY low
risk investment option?
●● Gold and Real Estate
