Certified Financial Planner (CFP) Practice Exam · Question
Scenario 40: An investor purchases 100 shares of ABC Corp. at $20 per share. Three years later, they sell all shares at $25 per share. What is the capital gain?
Capital gain is calculated as the selling price minus the purchase price. (25 - 20) * 100 shares = $500. The correct answer is "$500". This capacity-fill scenar
Start free practice for Certified Financial Planner (CFP) Practice Exam
444 questions · no signup required · 40 free questions per day
Question: Scenario 40: An investor purchases 100 shares of ABC Corp. at $20 per share. Three years later, they sell all shares at $25 per share. What is the capital gain?
Answer options: ✅ $500
- $2,000
- $2,500
- $4,500
Correct answer: $500
Explanation: Capital gain is calculated as the selling price minus the purchase price. (25 - 20) * 100 shares = $500. The correct answer is "$500". This capacity-fill scenario 40 reinforces the same competency for the cfp bank and follows the certified explanation standard.
Start free practice for Certified Financial Planner (CFP) Practice Exam
444 questions · no signup required · 40 free questions per day
More about Certified Financial Planner (CFP) Practice Exam
More for Certified Financial Planner (CFP) Practice Exam candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Certified Financial Planner (CFP) Practice Exam Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.