- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 10. Interest Rate Risk and Return
- Subject 2. Macaulay Duration
CFA Practice Question
A 10-year, 10% annual coupon payment bond is priced at 113.42 per 100 of par value. Its yield-to-maturity is 8%. If an investor has a six-year time horizon, and the interest rates remain at 8%, the horizon yield of the investor will be:
B. 9%
C. 10%
A. 8%
B. 9%
C. 10%
Correct Answer: A
User Contributed Comments 1
| User | Comment |
|---|---|
| janglejuic | Wait, is this question trying to be tricky? |