CFP EXAM 2024 WITH ALL NEEDED TO
PASS
Financial nPlanning n- ncorrect nanswers n-A ncollaborative nprocess nthat nhelps
nmaximize na nClient's npotential nfor nmeeting nlife ngoals nthrough nFinancial nAdvice
nthat nintegrates nrelevant nelements nof nthe nClient's npersonal nand nfinancial
ncircumstances.
Automatic nBars nfrom nCFP nBoard n- ncorrect nanswers n-
Suspensions n(not nBars) nfrom nCFP nBoard n- ncorrect nanswers n-
Who nsets nMonetary nPolicy? n- ncorrect nanswers n-Federal nReserve
Who nsets nFiscal nPolicy? n- ncorrect nanswers n-Congress nand nthe nPresident
Explain nthe npurpose nand npowers nof nthe nFederal nReserve. n- ncorrect nanswers n-
, Explain nthe npurpose nand npowers nof nCongress nin nregards nto nFiscal nPolicy. n-
ncorrect nanswers n-
Name nall nof nthe nstudent nloan ntypes. n- ncorrect nanswers n-
Dividend nPayout nRatio n- ncorrect nanswers n-Common nStock nDividend n/ nEPS
Return non nEquity n(ROE) n- ncorrect nanswers n-EPS n/ nStockholder's nEquity nper
nShare
Dividend nYield nFormula n- ncorrect nanswers n-Dividend n/ nStock nPrice
Price-Earnings nRatio n- ncorrect nanswers n-Price nper nShare n/ nEPS
Price nto nEarnings nGrowth nRatio n- ncorrect nanswers n-Stocks nP/E nRatio n/ n3-5 nYear
nGrowth nin nEarnings
Dividend nDiscount nModel n- ncorrect nanswers n-V n= nNext nperiod's ndividend n/ n(req.
nrate nof nreturn n- ndividend ngrowth nrate) n
(on nformula nsheet)
next ndiv n= ncurrent ndiv(1+growth nrate)
Expected nRate nof nReturn n- ncorrect nanswers n-Rate nof nReturn n= n(Next nperiod's
ndividend n/ nmarket nprice) n+ ndividend ngrowth nrate
Net nPresent nValue nNPV n- ncorrect nanswers n-PV nof nCF n- nInitial nCost
positive n= ninvest
0 n= ninvest
negative n= ndo nnot ninvest
Holding nPeriod nReturn nHPR n- ncorrect nanswers n-(Selling nPrice n- nPurchase nPrice
n+/- nCF) n/ nPurchase nprice nor nEquity ninvested
List nall nSystematic nRisks n- ncorrect nanswers n-PRIME
Purchasing npower nrisk
Reinvestment nrate nrisk
Interest nrate nrisk
Market nrisk
Exchange nrate nrisk
List nall nUnsystematic nRisks n- ncorrect nanswers n-ABCDEFG
Accounting nRisk
Business nRisk
Country nRisk
Default nRisk
Executive nRisk
PASS
Financial nPlanning n- ncorrect nanswers n-A ncollaborative nprocess nthat nhelps
nmaximize na nClient's npotential nfor nmeeting nlife ngoals nthrough nFinancial nAdvice
nthat nintegrates nrelevant nelements nof nthe nClient's npersonal nand nfinancial
ncircumstances.
Automatic nBars nfrom nCFP nBoard n- ncorrect nanswers n-
Suspensions n(not nBars) nfrom nCFP nBoard n- ncorrect nanswers n-
Who nsets nMonetary nPolicy? n- ncorrect nanswers n-Federal nReserve
Who nsets nFiscal nPolicy? n- ncorrect nanswers n-Congress nand nthe nPresident
Explain nthe npurpose nand npowers nof nthe nFederal nReserve. n- ncorrect nanswers n-
, Explain nthe npurpose nand npowers nof nCongress nin nregards nto nFiscal nPolicy. n-
ncorrect nanswers n-
Name nall nof nthe nstudent nloan ntypes. n- ncorrect nanswers n-
Dividend nPayout nRatio n- ncorrect nanswers n-Common nStock nDividend n/ nEPS
Return non nEquity n(ROE) n- ncorrect nanswers n-EPS n/ nStockholder's nEquity nper
nShare
Dividend nYield nFormula n- ncorrect nanswers n-Dividend n/ nStock nPrice
Price-Earnings nRatio n- ncorrect nanswers n-Price nper nShare n/ nEPS
Price nto nEarnings nGrowth nRatio n- ncorrect nanswers n-Stocks nP/E nRatio n/ n3-5 nYear
nGrowth nin nEarnings
Dividend nDiscount nModel n- ncorrect nanswers n-V n= nNext nperiod's ndividend n/ n(req.
nrate nof nreturn n- ndividend ngrowth nrate) n
(on nformula nsheet)
next ndiv n= ncurrent ndiv(1+growth nrate)
Expected nRate nof nReturn n- ncorrect nanswers n-Rate nof nReturn n= n(Next nperiod's
ndividend n/ nmarket nprice) n+ ndividend ngrowth nrate
Net nPresent nValue nNPV n- ncorrect nanswers n-PV nof nCF n- nInitial nCost
positive n= ninvest
0 n= ninvest
negative n= ndo nnot ninvest
Holding nPeriod nReturn nHPR n- ncorrect nanswers n-(Selling nPrice n- nPurchase nPrice
n+/- nCF) n/ nPurchase nprice nor nEquity ninvested
List nall nSystematic nRisks n- ncorrect nanswers n-PRIME
Purchasing npower nrisk
Reinvestment nrate nrisk
Interest nrate nrisk
Market nrisk
Exchange nrate nrisk
List nall nUnsystematic nRisks n- ncorrect nanswers n-ABCDEFG
Accounting nRisk
Business nRisk
Country nRisk
Default nRisk
Executive nRisk
