Certified Private Wealth Professional (CPWP)
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CPWP Module 1 Paper 1
Add to cart HKD 188
(Set A)60 Questions
6 Sep 2024
CPWP Module 1 Paper 1 Exam Question
Mr Lau is looking at ABC stock trading at HKD8 and their warrants-strike price of HKD10. The warrant is currently priced at HKD1. He buys 2,000 warrants. If 1 warrant can be exercised for 2 common shares, and the stock rises to HKD12 just before the warrants expire, how much profit could he make?a) HKD1,000
b) HKD2,000
c) HKD4,000
d) No profit
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CPWP Module 1 Paper 1
Add to cart HKD 188
(Set B)60 Questions
6 Sep 2024
CPWP Module 1 Paper 1 Exam Question
Which of the following statements regarding Convertible Bonds is false?a) They have greater appreciation potential than corporate bonds.
b) They are less vulnerable to losses if the issuer defaults compared to corporate bonds.
c) Holders of convertible bonds have a lower priority to claim the issuing company’s assets than investors in corporate bonds.
d) They typically offer lower yields than corporate bonds.
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CPWP Module 1 Paper 2
Add to cart HKD 248
(Set A)80 Questions
6 Sep 2024
CPWP Module 1 Paper 2 Exam Question
Which of the following statements regarding the investments of a Trust is false?a) A trustee can appoint investment advisors to delegate the task of managing the investments of the trust.
b) In certain jurisdictions, the settlor has the power to manage the investments of the trust.
c) Trustees can impose restrictions on certain types of assets that can be held under a trust, such as those of higher risk.
d) Trust assets cannot be held by a trustee via an underlying asset holding company wholly owned by the trustee.
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CPWP Module 1 Paper 2
Add to cart HKD 248
(Set B)80 Questions
6 Sep 2024
CPWP Module 1 Paper 2 Exam Question
Which of the following types of risk is caused by macroeconomic, political and social factors that affect the value of assets in the financial market?a) Systemic risk
b) Systematic risk
c) Portfolio risk
d) Management risk
Licensing Examinations (LE)
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HKSI Paper 1
Add to cart HKD 188
(Set A)60 Questions
6 Sep 2024
HKSI Paper 1 Exam Question
Under which of the following situations is information able to be disclosed under the Securities and Futures Ordinance (SFO)?a) When the Securities and Futures Commission is exercising any of its powers under the SFO.
b) When a person receives a Notice of Proposed Disciplinary Action.
c) When information is disclosed to a person who receives a direction under any section of the SFO.
d) When information is disclosed to a person who receives an informal request for information relating to transactions in securities.
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HKSI Paper 1
Add to cart HKD 188
(Set B)60 Questions
6 Sep 2024
HKSI Paper 1 Exam Question
The disclosures of interest under the SFO is for all of the following purposes except:a) To enable those investing in listed corporations to obtain relevant information on a timely basis so they can make informed investment decisions
b) To enable substantial shareholders to obtain relevant information on a timely basis so they can make informed investment decisions
c) To identify the persons who control, or are in a position to control, interests in shares in listed corporations, and
d) To identify those who may benefit from transactions involving associated corporations of listed corporations.
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HKSI Paper 7
Add to cart HKD 188
(Set A)60 Questions
6 Sep 2024
HKSI Paper 7 Exam Question
If the interest rate of a debt security issued by a company is higher than the benchmark rate of a HK government bond, it will sell at a:a) discount
b) premium
c) parity value to the government bond
d) price dictated by the government
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HKSI Paper 7
Add to cart HKD 188
(Set B)60 Questions
6 Sep 2024
HKSI Paper 7 Exam Question
HKM Corporation issues a 5-year convertible bond of HKD1,000 par value with a coupon of 5%. The conversion ratio is 25. After 5 years, the stock price climbs to HKD50. What is the maximum net profit an investor can make per convertible bond he owns?a) HKD250
b) HKD500
c) HKD1,000
d) HKD1,500
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HKSI Paper 8
Add to cart HKD 128
(Set A)40 Questions
6 Sep 2024
HKSI Paper 8 Exam Question
A bond matures in five years with a coupon rate of 7% and a maturity value of HKD1,000. Given that the interest payment is yearly and the discount rate is 5%, what is the Present Value of the bond?a) HKD1,083.78
b) HKD1,086.59
c) HKD1,095.35
d) HKD1,098.54
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HKSI Paper 8
Add to cart HKD 128
(Set B)40 Questions
6 Sep 2024
HKSI Paper 8 Exam Question
Which of the following fiscal policies can be used to stimulate economic growth?a) Lowering tax rates
b) Lowering interest rates
c) Increasing the number of jobs
d) Increasing government spending
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HKSI Paper 9
Add to cart HKD 128
(Set A)40 Questions
6 Sep 2024
HKSI Paper 9 Exam Question
Which of the following statements regarding a HKD – USD foreign exchange swap agreement is false?a) It is a contract in which one party borrows HKD from one party and simultaneously lends USD to another party.
b) Each party of the swap agreement uses the repayment obligation to its counterparty as collateral.
c) It can eliminate HKD to USD foreign exchange rate risks.
d) It has counter-party risks.
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HKSI Paper 9
Add to cart HKD 128
(Set B)40 Questions
6 Sep 2024
HKSI Paper 9 Exam Question
A call option has a strike price of HKD 50 and a premium of HKD 200. If the stock price is at HKD 50 at expiry, what is the maximum possible loss of the option holder?a) HKD 0
b) HKD 50
c) HKD 200
d) HKD 250
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HKSI Paper 12
Add to cart HKD 128
(Set A)40 Questions
6 Sep 2024
HKSI Paper 12 Exam Question
A flat yield curve is formed when there is a little or no difference between short and long term yields and this indicates that investors expect:a) uncertainty about future economic growth and inflation
b) sluggish economic growth and lower inflation
c) strong future economic growth and higher future inflation
d) a higher rate of return when lending money for a longer period of time
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HKSI Paper 12
Add to cart HKD 128
(Set B)40 Questions
6 Sep 2024
HKSI Paper 12 Exam Question
The risk free-rate is 3% and the Hang Seng Index is expected to return 7% next year. You are interested in determining the return of Aliba Group Holdings stock next year. You have determined that its beta value is 1.5. What is the expected return of Aliba Group Holdings stock?a) 9%
b) 10%
c) 11%
d) 12%