CONSIDER A 5-YEAR OPTION-FREE BOND THAT IS PRICED AT A DISCOUNT T...

57. - MOCK AND SAMPLE EXAMS CFA 2012 L1 SAMPLE EXAM V1 QUESTION
MOCK AND SAMPLE EXAMS CFA 2012 L1 SAMPLE EXAM V1 QUESTION
57. Consider a 5-year option-free bond that is priced at a discount to par value. Assuming the discount rate does not change, one year from now the value of the bond will most likely: A．increase. B．decrease. C．stay the same.