quant — CFA Level I Practice Questions

56 free CFA Level I questions on quant: 17 easy, 25 medium, and 14 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.

Drill quant free with full explanations →

1. If the computation appears to require more than three minutes to execute, the best tactical decision is to:
2. To calculate the future value correctly, which setting must be active on the BA II Plus?
3. In the context of the 2027 CFA curriculum, why is 'stationarity' considered a fragility of historical simulati
4. Which method involves drawing samples of size n from the original data set with replacement?
5. The HPR is closest to:
6. The geometric mean return is closest to:
7. If the analyst forgets to switch the BA II Plus to BGN mode, the calculated future value will be:
8. What is the Effective Annual Rate (EAR)?
9. When using the BA II Plus to calculate the price, what value should be entered for the interest rate (I/Y)?
10. To ensure the BA II Plus calculator operates correctly for most CFA curriculum problems, which setting is reco
11. Which simulation method relies on repeatedly sampling with replacement from an existing set of historical data
12. When an analyst at Meridian Pack uses the bootstrap method, what happens to the observations in the original s
13. If the future value (FV) is entered as 1,000, how must the present value (PV) appear in the BA II Plus to avoi
14. What is the most likely impact on the standard error of the estimate?
15. The total return for the two-year period is:
16. Given that no analytical formula exists for the standard error of this statistic, which simulation method is m
17. If the yield to maturity is 8%, the current price of the bond is closest to:
18. According to the 'Distribution Zoo' in the 2027 curriculum, a distribution with fatter tails than a normal dis
19. The negative sign indicates:
20. If the market required yield is 6.0% compounded semiannually, the price of the bond is closest to:
21. An analyst is evaluating a manager's ability to beat the mar… — If a manager beats the market this year, the u
22. In the context of the 2027 Quantitative Methods curriculum, 'Big Data' preparation often involves identifying
23. The price of the bond is closest to:
24. To generate a standard normal random variate z sim N(0, 1), the correct syntax is:
25. Under the 'Financial Data Science' reading (New for 2027), what is the primary purpose of 'Data Cleaning' in t
26. A researcher at Helion Rail tests 500 different variables to find a statistically significant predictor of sto
27. The annualized geometric mean return over the two-year period is closest to:
28. The divisor used to calculate the sample variance is:
29. A zero-coupon bond matures in 5 years at $1,000. If the annual effective rate is 6%, its price today is closes
30. Which statement regarding the account's performance measures is most likely correct?