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Basic Question 0 of 13

Repos are often quoted on ______.

A. a discount rate basis
B. an add-on rate basis
C. a current yield basis
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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
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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe market efficiency and related concepts, including their importance to investment practitioners

contrast market value and intrinsic value

explain factors that affect a market's efficiency

CFA® 2025 Level I Curriculum, Volume 3, Module 3.