CFA Institute Exam CFA-Level-I Topic 3 Question 14 Discussion

Actual exam question for CFA Institute's CFA-Level-I exam

Question #: 14
Topic #: 3

An investor buys a 25-year, 10 percent annual pay bond for $900 planning to sell the bond in 5 years when he estimates yields will be 9 percent. What is the estimate of the future price of this bond?

A$964.

B$1,000.

C$1,122.

D$1,091.

Show Suggested Answer

Suggested Answer: D

by Cathern at Mar 19, 2025, 06:11 AM

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