American Bankers Association Exam CTFA Topic 1 Question 50 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 50
Topic #: 1

[All CTFA Questions]

The difference between the purchase price and the repurchase price, or sale price, plus accrued interest on the security represents:

AAccounting agreement

BInvestment income

CDollar price

DSaving price

Show Suggested Answer

Suggested Answer: B

by Minna at Jul 26, 2023, 12:00 PM

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6 days ago

I'm not sure. I think it could also be C) Dollar price because it involves the price of the security in dollars.

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12 days ago

I agree with Ahmed. The difference between purchase and sale price plus accrued interest is definitely investment income.

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17 days ago

I think the answer is B) Investment income.

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