CFA Practice Question

There are 252 practice questions for this study session.

CFA Practice Question

After some number crunching exercises you have got the VND of 102.80 per 100 of par value for a 5-year, 3.80% annual payment corporate bond. The overall CVA is 4.28. The fair value of the bond is therefore:

A. 95.72
B. 98.52
C. need more information.
Correct Answer: B

The fair value of the bond is VND - CVA = 102.8 - 4.28 = 98.52

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