ICMA Exam FMFQ Topic 4 Question 26 Discussion

Actual exam question for ICMA's FMFQ exam

Question #: 26
Topic #: 4

An EUR-denominated Eurobond matures on 15 January 2017 and pays an annual coupon of 5% on an act/act basis. The bond is trading at a yield to maturity of 6% for settlement on 10 March 2015. Which of the following ststements is true of its clean price?

AIts price will be above 100

BIts price will be below 100

CIts price will be 100

DNeed more information

Show Suggested Answer

Suggested Answer: B

by Colette at May 05, 2022, 08:43 PM

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