QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS

104. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
104. An investor sells a bond at the quoted price of $98.00. In addition he receives accrued interest of $4.40. The clean price of the bond is: A. par value plus accrued interest. B. accrued interest plus agreed upon bond price. C. agreed upon bond price excluding accrued interest.