- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 1. Fixed-Income Instrument Features
- Subject 1. Basic Features of a Fixed-Income Security
CFA Practice Question
Bond interest payments are usually made on a(an) ______ basis.
B. semi-annual
C. annual
D. maturity
A. quarterly
B. semi-annual
C. annual
D. maturity
Correct Answer: B
Although bond coupon rates are stated in annual rates, the actual coupon is divided into two semi-annual payments.
User Contributed Comments 10
| User | Comment |
|---|---|
| woori | in US |
| SvetNaZare | and quarterly in Ukraine :/ |
| mrushdi | Monthly in Iraq |
| essoh | daily in togo |
| Skrills | never in afghanistan |
| Rozik | LOL;) |
| jonan203 | i wonder how it is in zimbabwe? |
| gill15 | Zimbabwe is Annually. I'm serious. |
| UcheSam | LOL- ing has compensated for the wrong option I chose. Once again..Lol! |
| thevinu | Common answer would be C but the CFA is a U.S. issued cert, so it would be B |