CFA考試中雖說CFA定量考題不多,但是還是有的,那在CFA一級中的Fixed Income科目中的考題你做了沒有?今日融躍小編帶著幾道題看看你能不能做對呢?
【1】The yield of a 3-year bond issue quoted on an annual-pay basis is 7.84%. The yield-to-maturity on a bond-equivalent basis is closest to:
A. 3.85%
B. 7.69%
C. 7.84%
Answer:B
(1+bond-equivalent yield/2) 2 =1+annual-pay yield
In this case,
(1+bond-equivalent yield/2) 2 =1+0.0784
Therefore, bond-equivalent yield=7.69%
B is the correct answer.
【2】Tina Mo, a fixed income analyst, is asked to value a single, default-free cash flow of $60,000. She is given the information in the following table:
The value of this single cash flow at the end of Period 4 is closest to:
A. $56,427 B. $56,309 C. $56,276
Answer:C
The theoretical spot rate for Treasury securities represent the appropriate set of interest rates that should be used to value single, default-free cash flows.Therefore: $60,000/(1+0.0323/2)4=$56,276
所以對于這個考題你學習掌握的如何?在備考中需要相關的CFA考試題這邊有CFA題庫,有需要的考生可以在線咨詢!