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Instant Access CFA CFA-Level-I Exam Premium Dumps - FreeCram

Walking into the CFA-Level-I exam cold is a risk you do not have to take. In 2026, FreeCram test engines recreate the timed pressure of the CFA Institute CFA Level I Chartered Financial Analyst exam, so the format feels familiar long before exam day.

CFA CFA-Level-I Exam Overview:

Certification Vendor:CFA Institute
Exam Name:Chartered Financial Analyst (CFA) Program Level I
Exam Number:CFA Level I
Exam Price:Approximately USD 1,140 (early registration) – USD 1,490 (standard registration) for 2026 exam windows
Real Exam Qty:180 multiple-choice questions
Related Certifications:Chartered Financial Analyst (CFA) Charter
CFA Level III
CFA Level II
Exam Duration:270 minutes per session (2 sessions; total ~270 minutes / 4.5 hours)
Passing Score:Minimum Passing Score (MPS) set by CFA Institute per exam session (not publicly disclosed)
Certificate Validity Period:Passing status for CFA Level I is permanent; no expiration as you progress to Level II
Available Languages:English
Exam Format:Multiple Choice Questions (180), Computer-Based Test (CBT)
Sample Questions:CFA CFA-Level-I Sample Questions
Exam Way:Computer-Based Testing (CBT) delivered globally at approved test centers
Pre Condition:Meet CFA Program enrollment requirements: bachelor's degree (completed or final year) or 4,000 hours of work experience (professional or combination of university + work)
Official Syllabus URL:https://www.cfainstitute.org/programs/cfa-program/candidate-resources/level-i-exam

CFA CFA-Level-I Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Ethical and Professional Standards15-20%
Topic 2: Economics6-9%
Topic 3: Alternative Investments7-10%
Topic 4: Corporate Issuers6-9%
Topic 5: Fixed Income11-14%
Topic 6: Portfolio Management and Wealth Planning8-12%
Topic 7: Quantitative Methods6-9%
Topic 8: Financial Statement Analysis11-14%
Topic 9: Equity Investments11-14%
Topic 10: Derivatives5-8%

Common Questions About the CFA CFA-Level-I Exam

The CFA-Level-I exam is the official exam behind the CFA Level credential from CFA. It sits at the Entry / Foundational level of the CFA certification track. It is also associated with CFA Level II, CFA Level III, Chartered Financial Analyst (CFA) Charter. The FreeCram practice questions on this page map to the same objectives, so you can measure your readiness before you book a seat.

The CFA-Level-I exam contains 180 multiple-choice questions questions and gives you 270 minutes per session (2 sessions; total ~270 minutes / 4.5 hours) to complete them. That pace leaves little room for getting stuck, so train yourself to flag a hard question, move on, and circle back later. Run at least one full timed session in the FreeCram test engine a week before your exam date to check whether your pacing holds under pressure.

You need Minimum Passing Score (MPS) set by CFA Institute per exam session (not publicly disclosed) to pass the CFA-Level-I exam, and the official registration fee is Approximately USD 1,140 (early registration) – USD 1,490 (standard registration) for 2026 exam windows. A retake means paying that fee again in full, which makes thorough preparation the cheaper option by far. Before scheduling, take a timed FreeCram practice test; if you are not scoring comfortably above the passing line, give yourself more study time instead of booking on hope.

Meet CFA Program enrollment requirements: bachelor's degree (completed or final year) or 4,000 hours of work experience (professional or combination of university + work)

Requirements can change, so confirm the latest details on the official CFA exam page before you register.

Yes. A free CFA-Level-I PDF demo is available, so you can check the question style and answer quality before you commit. Every purchase also includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

Your purchase is protected by our 100% Money Back Guarantee. If you take the CFA-Level-I exam within 60 days of purchase and do not pass, send us a scanned enrollment slip and your official Score Report PDF within two days of the exam; approved refunds are processed within seven days. The candidate name must match the payer name, and the guarantee does not apply to exams taken within three days of purchase, to products that were downloaded but never used in an exam sitting, or to free materials and expired orders. If you would rather keep studying, we can instead exchange your order for two free exam products of equal value while your original product keeps its update service. Delivery itself is instant: your download is emailed within one minute of payment and stays available in your member zone, with no limit on how many computers you can install it on. If nothing arrives within two hours, contact our customer service team.

The CFA-Level-I syllabus is divided into 10 domains, including Corporate Issuers (6-9%), Fixed Income (11-14%), and Equity Investments (11-14%). The complete breakdown, with every domain and its subtopics, is listed in the Exam Topics section above — review it line by line and flag the areas where you feel weakest.

CFA Institute CFA Level I Chartered Financial Analyst Sample Questions:

Which of the following statements is (are) true with respect to valuation impairments under the US
GAAP?
I). An asset is deemed as impaired if its book value exceeds its expected discounted cash flows.
II). The amount of the write-down is equal to the difference between the asset's book value and the present value of its expected cash flows even if the fair market value is available.
III). The amount of the write-down must appear on the income statement as part of continuing operations.
IV). Once the impairment has been eliminated, the asset's book value may be written back up again to better reflect economic reality.

  • A. I and II.
  • B. III only.
  • C. III and IV.
Answer: B

Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

You invest $100 in a risky asset with an expected rate of return of 12% and a standard deviation of
1 5% and a T-bill with a rate of return of 5%. A portfolio that has an expected outcome of $115 is formed by:

  • A. investing $43 in the risky asset and $57 in the riskless asset.
  • B. borrowing $43 at the risk-free rate and investing the total amount ($143) in the riskyasset.
  • C. investing $80 in the risky asset and $20 in the risk-free asset.
Answer: B

Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

A bond has a coupon rate of 6% and a yield to maturity of 6.25%. Which of the following prices, as a percentage of par, is a likely candidate for the bond's market price?

  • A. 98.76%
  • B. 101.94%
  • C. 102.35%
Answer: A

Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

Variable X is distributed normally and has a mean of 10. If the probability that an observation of X will be negative is 0.16, what is the coefficient of variation of X?

  • A. 1.0
  • B. 0.32
  • C. 0.1
Answer: A

An investment pays 2,500 per month and will continue to do so for five years, at the beginning of each month. What is the effective annual rate on this investment if the investment costs 130,000 today?

  • A. 6.2%
  • B. 6.0%
  • C. 6.5%
Answer: A

Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

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