CFA Level I Readiness Test

10 questions, balanced across the exam's topics. Answer each one, then submit for your practice readiness estimate and per-topic breakdown. This is a practice estimate — not a prediction or guarantee of your official exam result.

Question 1

A futures obligates the buyer to purchase at a set price on a future date:

Question 2

Asset location means placing:

Question 3

In the regression E = 10 - 0.5P, the slope coefficient -0.5 means:

Question 4

The short-run Phillips curve implies stimulus that lowers unemployment:

Question 5

DSO 30 days, DIO 60 days, DPO 25 days. The cash conversion cycle is closest to:

Question 6

A bond with $50.00 annual coupon priced at $1,050.00 has a current yield closest to:

Question 7

Maya must decide how to vote proxies where the firm does banking business with the issuer exists. Maya should:

Question 8

Survivorship bias in hedge fund databases:

Question 9

A contrarian manager buys stocks with low P/E and high dividend yield. This is:

Question 10

A firm should raise new capital when:

Unanswered questions count as incorrect. Your answers are graded on the server; no answer key is sent to your browser.

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