New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIMAPRA17-BA1-1 Exam - Topic 1 Question 64 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 64
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

Calculate the yield to an investor available from the following commercial bill:

Face value $100,000

Market price $98,500

Maturity 90 days time

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

0/2000 characters
Sean
4 months ago
Yeah, 4.5% seems reasonable based on those numbers.
upvoted 0 times
...
Virgie
4 months ago
Definitely not $1,500, that’s just the dollar amount difference.
upvoted 0 times
...
Rebecka
4 months ago
Wait, is it really that high? Sounds off to me.
upvoted 0 times
...
Lennie
4 months ago
I think it’s around 4.5%, right?
upvoted 0 times
...
Reed
4 months ago
The yield is calculated using the formula: (Face Value - Market Price) / Market Price * (365 / Days to Maturity).
upvoted 0 times
...
Herman
5 months ago
I feel like the answer should be around 4.5%, but I’m not completely confident. I hope I remember the steps correctly!
upvoted 0 times
...
Avery
5 months ago
I think the yield is calculated by taking the difference between face value and market price, but I can't recall the exact formula.
upvoted 0 times
...
Anna
5 months ago
This question feels similar to one we practiced where we had to find the yield based on the discount. I think I might go with option B.
upvoted 0 times
...
Tegan
5 months ago
I remember we calculated yield in class, but I'm not sure if I should use the annualized rate or just for the 90 days.
upvoted 0 times
...
Claribel
5 months ago
This looks like a pretty straightforward A/B testing setup, but I want to make sure I understand the requirements correctly. The key things I need to focus on are setting up the traffic distribution and handling the special case for European customers.
upvoted 0 times
...
Valentin
5 months ago
The risk breakdown structure seems like the most logical choice here. It allows you to break down and analyze the different risk factors in a structured way.
upvoted 0 times
...
Carlota
5 months ago
Wait, should we really block access to the DR datacenter? It feels a bit risky if something goes wrong during the transition back.
upvoted 0 times
...
Lezlie
5 months ago
Ah, I remember learning about this in class. A la carte refers to a menu where you pay individually for each item, rather than a fixed price for the whole meal. I'm confident A is the right answer here.
upvoted 0 times
...
Colton
10 months ago
Wait, is this a trick question? I better review the formula for yield calculation to be sure.
upvoted 0 times
Desirae
9 months ago
So, did you figure out the yield for the commercial bill?
upvoted 0 times
...
Moon
9 months ago
The yield to an investor is calculated using the formula: (Face Value - Market Price) / Market Price * (365 / Days to Maturity)
upvoted 0 times
...
Rory
9 months ago
I think you just need to use the formula for yield calculation to find the answer.
upvoted 0 times
...
...
Beula
10 months ago
Haha, I bet the answer is not 'D) $1,500' - that would be way too obvious!
upvoted 0 times
Maia
8 months ago
Cecil: Let's see who's right!
upvoted 0 times
...
Roselle
8 months ago
User 3: I'm going with C) 6.1%
upvoted 0 times
...
Cecil
8 months ago
User 2: No way, I believe it's B) 4.5%
upvoted 0 times
...
Queenie
8 months ago
User 1: I think the answer is A) 1.5%
upvoted 0 times
...
Queen
8 months ago
No, I believe it's B) 4.5%
upvoted 0 times
...
Kallie
8 months ago
B) 4.5%
upvoted 0 times
...
Katy
9 months ago
I think it's A) 1.5%
upvoted 0 times
...
Shonda
9 months ago
A) 1.5%
upvoted 0 times
...
...
Kristel
10 months ago
Hmm, let me double-check my math. Option C seems right, but I'll keep an eye out for any trick questions.
upvoted 0 times
Desirae
9 months ago
I agree, let's go with that
upvoted 0 times
...
Van
10 months ago
I think it's option C, 6.1%
upvoted 0 times
...
...
Regenia
11 months ago
This is a straightforward yield calculation, I'll go with option C.
upvoted 0 times
Alex
9 months ago
The market price is lower than the face value, so the yield should be higher.
upvoted 0 times
...
Leonardo
9 months ago
I would go with option C as well.
upvoted 0 times
...
Kallie
10 months ago
I agree, the yield calculation seems simple.
upvoted 0 times
...
Irma
10 months ago
I think option C is the correct answer.
upvoted 0 times
...
...
Kristel
11 months ago
I agree with Shenika, the yield should be 4.5% because the market price is lower than the face value
upvoted 0 times
...
Shenika
11 months ago
I disagree, I believe the correct answer is B) 4.5%
upvoted 0 times
...
Dahlia
11 months ago
I think the answer is A) 1.5%
upvoted 0 times
...

Save Cancel