- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 7. Yield and Yield Spread Measures for Fixed-Rate Bonds
- Subject 1. Periodicity and Annualized Yields

###
**CFA Practice Question**

If you invested in a security promising to pay 3.5% compounded semi-annually, what would your total value be per dollar be after investing for nine years?

B. 1.36653

C. 31.5

A. 1.3629

B. 1.36653

C. 31.5

Correct Answer: B

(1+.035/2)

^{18}= 1.36653###
**User Contributed Comments**
1

User |
Comment |
---|---|

moneyguy |
pv = -1, i/y=1.75, n=18, cpt FV = 1.36653 |