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ICMA Exam FMFQ Topic 6 Question 64 Discussion

Actual exam question for ICMA's Financial Markets Foundation Qualification exam
Question #: 64
Topic #: 6
[All Financial Markets Foundation Qualification Questions]

The dirty price of a bond is which of the following:

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Suggested Answer: B

Contribute your Thoughts:

Janey
16 days ago
Bond pricing, huh? I'd rather be pricing my fantasy football lineup. But I digress, C is the way to go.
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Jolene
18 days ago
I think it's the clean price plus trading commissions, as those are part of the total cost of buying the bond.
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Yuki
19 days ago
I agree with Glory, the dirty price includes the interest for the period until the next coupon payment.
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Glory
20 days ago
No, I believe it's the clean price plus interest from settlement until the next coupon payment date.
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Aide
21 days ago
I think the dirty price of a bond is the same as the clean price.
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Myra
22 days ago
Dirty price? Sounds like something my dog would roll in. Anyway, I'm going with C. Clean price plus that interest thingy.
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Diane
23 days ago
Ugh, I always get these bond pricing questions mixed up. Let me think...I think C is the right one, but I'm not totally sure.
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Sheldon
5 days ago
I agree, C seems to be the most logical choice for the dirty price calculation.
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Stefania
8 days ago
I think C is correct, it includes the interest from settlement until the next coupon payment date.
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Shanda
1 months ago
Clearly the dirty price is the clean price plus the accrued interest until the next coupon payment. C is the correct answer.
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Tamesha
16 days ago
So, the answer is C then. Clean price + interest of the period from settlement until the next coupon payment date.
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Margarita
18 days ago
Yes, that's correct. It's the clean price plus the interest from settlement to the next coupon payment date.
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Karina
21 days ago
I think the dirty price includes the accrued interest until the next coupon payment.
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