quant — CFA Level I Practice Questions

49 free CFA Level I questions on quant: 17 easy, 23 medium, and 9 hard, every one exam-realistic and fully explained once you sign in. This is the fastest way to turn quant from a weakness into a scoring area — drill it in 10-question reps with immediate feedback.

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1. An analyst at Oakridge Capital is calculating Basic Earnings Per Share (EPS). The firm has 1,000,000 common sh
2. Which professional control is mandated for CFA candidates when using AI outputs?
3. To ensure the BA II Plus calculator operates correctly for most CFA curriculum problems, which setting is reco
4. Which simulation method relies on repeatedly sampling with replacement from an existing set of historical data
5. An analyst is calculating the expected terminal value for Helion Rail using a multistage model. If the computa
6. To calculate the future value correctly, which setting must be active on the BA II Plus?
7. When using the BA II Plus to calculate the price, what value should be entered for the interest rate (I/Y)?
8. An investor deposits $2,500 at the start of each year for 5 years into an account earning 6%. If the analyst f
9. Helion Rail just paid a $1.80 dividend. If the long-term growth rate is 5% and the required return is 11%, the
10. What is the Effective Annual Rate (EAR)?
11. Helion Rail just paid a dividend of $3.00. Growth is 2% and the required return is 8%. The value of Helion Rai
12. An investor uses leverage to buy 200,000 in shares of Helion Rail, using $100,000 of their own equity and $100
13. Helion Rail recently paid a dividend of $4.20. Growth is 3% and the required return is 9%. The intrinsic value
14. Helion Rail recently distributed a dividend of $0.50. Growth is 6% and the required return is 12%. The intrins
15. Oakridge Capital reports returns of +10% in Year 1 and +20% in Year 2. The total return for the two-year perio
16. Oakridge Capital stock moves from 80 to 90 and pays a 2 dividend. The HPR is closest to:
17. Vesper Foods issues a zero-coupon bond with a face value of $1,000 and a maturity of 5 years. If the market re
18. Helion Rail's 1,000 face value bond has a 6% annual coupon and 3 years to maturity. If the yield to maturity i
19. An analyst is evaluating a manager's ability to beat the market. Historically, 40% of managers are 'skilled'.
20. According to the 'Distribution Zoo' in the 2027 curriculum, a distribution with fatter tails than a normal dis
21. Vesper Foods issues a bond with a face value of 1,000 and a 6% annual coupon. The bond has two years to maturi
22. Solas Energy's common stock is currently trading at $45.00. The firm is expected to pay a dividend of 1.80 nex
23. Helion Rail's preferred stock pays a constant annual dividend of 4.00 in perpetuity. If the required rate of r
24. Which statement regarding the account's performance measures is most likely correct?
25. An analyst at Oakridge Capital is evaluating a highly leveraged position. The asset has a return of 8.0%, and
26. A zero-coupon bond matures in 5 years at $1,000. If the annual effective rate is 6%, its price today is closes
27. A portfolio at Oakridge Capital returns +20% in Year 1 and -20% in Year 2. The annualized geometric mean retur
28. A 5.00% coupon bond with $1,000 par value and 10 years to maturity is priced at $925. The current yield of thi
29. In the 2027 Quantitative Methods curriculum, which simulation engine is specifically described as being used t
30. Helion Rail is considering a change in its depreciation estimate for its locomotive fleet, increasing the usef