2027 CLFP Recertification Quiz #2: Pricing Terminology 2027 CLFP Recertification: Quiz #2: Pricing Terminology 1. What does “yield” represent in equipment leasing? * The annualized rate of return from a transaction’s cash flows The upfront cost of financed equipment The finance agreement’s depreciation schedule The monthly lease payment, including taxes and fees 2. What is a lease rate factor primarily used for? * Determining lease payments Estimating residual value Calculating periodic lease payments Measuring profitability 3. What is the purpose of a discount rate? * To determine present value of future cash flows To set lease payments To calculate commissions To measure tax benefits 4. How is the Internal Rate of Return (IRR) defined? * The annual rate where total payments equal cost The rate where net present value of cash flows equals zero The rate that maximizes lease payments The difference between equipment cost and residual value 5. What is the difference between a point and a basis point? * Both represent the same value Basis points apply only to taxes A point equals 1%, while a basis point equals 0.01% A point equals 0.01%, while a basis point equals 1% Name * Name First First Last Last Email - USE THE EMAIL ADDRESS WHERE THE INSTRUCTIONS WERE SENT TO (NOT FROM); OTHERWISE, OUR SYSTEM WILL NOT UPDATE YOUR CONTACT RECORD! * Submit If you are human, leave this field blank.
