Free American Bankers Association CTFA Exam Questions

Become American Bankers Association Certified with updated CTFA exam questions and correct answers

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Total 900 Questions | Updated On: Jul 28, 2025

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Question 1

Penny stocks are traded on________:

A : NYSE

B : AMEX

C : NASDAQ

D : OTC

Answer: D

Question 2

Which of the following programs propagate the ethics?

A : London Instruments Fiscal Attachment

B : Laurel Immigration Fairness Analysis

C : Low Income Financial Association

D : Licensed International Financial Analyst

Answer: D

Question 3

In a yield-maintenance agreement:

A : the securities repurchased may have a different stated interest rate from that of the securities sold and are generally priced to result in substantially the same yield.

B : the securities repurchased may have the same stated interest rate from that of the securities sold and are generally priced to result in substantially the same yield.

C : the securities repurchased may have a different stated interest rate from that of the securities sold and are generally priced to result in substantially the different yield.

D : the securities repurchased may have a same stated interest rate from that of the securities sold and are generally priced to result in substantially the different yield.

Answer: B

Question 4

____________ is the term used for the monthly report of all the accumulated charges.

A : Savings account

B : Balance

C : Purchase breakdown

D : Billing statement

Answer: D

Question 5

Which of the following is defined as the rate of return anticipated on a bond if it is held until the maturity date?

A : Discount rate

B : Interest free rate

C : Return on equity

D : Yield to maturity

Answer: D

Page: 1 / 180

Total 900 Questions | Updated On: Jul 28, 2025

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