QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS.

105. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2011
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2011

105. A 6% 25-year bond with semiannual payments has a market price of $850.00. The yield to

maturity of this bond is closest to:

A. 5.72%

B. 7.32%.

C. 7.91%.