QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS.

101. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013

101. 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.