CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

A plain vanilla bond has a maturity of 10 years, a par value of $1,000, and a coupon rate of 6%. Coupon payments are made annually. The bond is issued at par. The principal repayment at the end of the second year is closest to ______.
A. $0
B. $60
C. $100
Explanation: There is no principal repayment until the maturity date.

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