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: Feb 01, 2024

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Question 1

Which of the following necessary in order to reduce the huge number of possible investments to a smaller number that can investigate carefully?

A : Securing

B : Saving

C : Discounting

D : None of these

Answer: D

Question 2

The actual market value of a right will differ from its theoretical value for all of the following reasons Except for:

A : The size of the firm's marginal tax rate

B : The amount of transactions costs incurred

C : Investor speculation

D : The irregular exercise and sale of rights over the subscription period

Answer: A

Question 3

It occurs when a principal balance on a mortgage loan increases because the monthly loan payment is lower than the amount of monthly interest being charged. What is it?

A : Negative amortization

B : Positive amortization

C : Amortization imbalance

D : Payment gap

Answer: A

Question 4

A form of HMO in which subscribers receive services from physicians practicing from their own offices and from community hospitals affiliated with the IPA.

A : Individual practice association

B : Preferred provider organization

C : Exclusive provider organization

D : Point-of-service plan

Answer: A

Question 5

If a mutual fund has an NAV of $100 million, and investors own $10,000,000 of fund’s shares,the funds per share value will be:

A : $100

B : $1

C : $10

D : None of these

Answer: C

Page: 1 / 180

Total 900 Questions | Updated On: Feb 01, 2024

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