- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 8. Yield and Yield Spread Measures for Floating-Rate Instruments
- Subject 2. Yield Measures for Money Market Instruments
CFA Practice Question
Repos are often quoted on ______.
B. an add-on rate basis
C. a current yield basis
A. a discount rate basis
B. an add-on rate basis
C. a current yield basis
Correct Answer: B
User Contributed Comments 2
User | Comment |
---|---|
aap2406 | Why ? |
khalifa92 | because u pay PV and the repay u back the FV and benefit the addon interest |