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Exam CTFA topic 1 question 95 discussion

Actual exam question from ABA's CTFA
Question #: 95
Topic #: 1
[All CTFA Questions]

What's the value to you of a $1,000 face-value bond with an 8% coupon rate when your required rate of return is 15 percent?

  • A. More than its face value
  • B. Less than its face value
  • C. $1000
  • D. True
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Suggested Answer: B 🗳️

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