- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 10. Interest Rate Risk and Return
- Subject 1. Sources of Return
CFA Practice Question
The capital gain or loss on a bond that you bought for $85.75 four years ago and sold today for $89.50 is ______.
B. a capital loss of $3.75
C. a capital gain of $.9375
A. a capital gain of $3.75
B. a capital loss of $3.75
C. a capital gain of $.9375
Correct Answer: A
User Contributed Comments 9
| User | Comment |
|---|---|
| rfvo | How do they get $3.75? |
| Spawellian | 89.5-85.75 |
| moneyguy | come on, rfvo............. |
| johntan1979 | I think I will crap in my pants if I see these kind of questions in the CFA exam, and vomit blood if anyone couldn't solve it. |
| jonan203 | rfvo, cereal? |
| gill15 | Sometimes and really in this section compared to ALL OTHERS....I read these comments and feel as if I'm going to get a 100 on the exam. |
| Shaan23 | Gill - I agree. I think some people maybe skipped right to section 16. This section and the last section has taken me maybe 30 minutes so far. We've already done all this material |
| janglejuic | I THOUGHT THIS WAS A TRICKY QUESTION |
| timkalt | Well, well...I was looking for a yield which was missing after taking all the Qs before. |