QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS

106. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
106. Using the U.S. Treasury forward rates provided below, the value of a 2½-year, $100 par value Treasury bond with a 5% coupon rate is closest to: Period Years Forward Rate 1 0.5 1.20% 2 1.0 1.80% 3 1.5 2.30% 4 2.0 2.70% 5 2.5 3.00% A. $101.52. B. $104.87. C. $106.83.