CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

What is the annual-pay yield of a bond with a 12% yield on a semi-annual-pay basis?
A. 11.66%
B. 12.00%
C. 12.36%
Explanation: [(1+0.12/2)2 -1] = 12.36%

User Contributed Comments 2

User Comment
Rohule use iconv on a baii
andrej0143 2nd, 2(Button)
NOM=12
EFF=CPT
C/Y = 2
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