AIWMI Exam CCRA-L2 Topic 2 Question 15 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 15
Topic #: 2

A coupon bond is trading at 110% of the USD 1000 par value. If the last interest payment was made one month ago and the coupon rate is 12%, the accrued interest on this bond is_______

A110

B100

C120

D10

Show Suggested Answer

Suggested Answer: D

by Estrella at May 09, 2022, 09:21 AM

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