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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:

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Sean
5 months ago
Yeah, 4.5% seems reasonable based on those numbers.
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Virgie
5 months ago
Definitely not $1,500, that’s just the dollar amount difference.
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Rebecka
6 months ago
Wait, is it really that high? Sounds off to me.
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Lennie
6 months ago
I think it’s around 4.5%, right?
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Reed
6 months ago
The yield is calculated using the formula: (Face Value - Market Price) / Market Price * (365 / Days to Maturity).
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Herman
6 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!
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Avery
6 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.
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Anna
6 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.
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Tegan
6 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.
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Claribel
6 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.
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Valentin
6 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.
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Carlota
6 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.
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Lezlie
7 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.
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Colton
11 months ago
Wait, is this a trick question? I better review the formula for yield calculation to be sure.
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Desirae
10 months ago
So, did you figure out the yield for the commercial bill?
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Moon
10 months ago
The yield to an investor is calculated using the formula: (Face Value - Market Price) / Market Price * (365 / Days to Maturity)
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Rory
11 months ago
I think you just need to use the formula for yield calculation to find the answer.
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Beula
12 months ago
Haha, I bet the answer is not 'D) $1,500' - that would be way too obvious!
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Maia
10 months ago
Cecil: Let's see who's right!
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Roselle
10 months ago
User 3: I'm going with C) 6.1%
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Cecil
10 months ago
User 2: No way, I believe it's B) 4.5%
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Queenie
10 months ago
User 1: I think the answer is A) 1.5%
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Queen
10 months ago
No, I believe it's B) 4.5%
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Kallie
10 months ago
B) 4.5%
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Katy
10 months ago
I think it's A) 1.5%
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Shonda
10 months ago
A) 1.5%
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Kristel
12 months ago
Hmm, let me double-check my math. Option C seems right, but I'll keep an eye out for any trick questions.
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Desirae
11 months ago
I agree, let's go with that
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Van
11 months ago
I think it's option C, 6.1%
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Regenia
1 year ago
This is a straightforward yield calculation, I'll go with option C.
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Alex
10 months ago
The market price is lower than the face value, so the yield should be higher.
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Leonardo
11 months ago
I would go with option C as well.
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Kallie
11 months ago
I agree, the yield calculation seems simple.
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Irma
11 months ago
I think option C is the correct answer.
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Kristel
1 year ago
I agree with Shenika, the yield should be 4.5% because the market price is lower than the face value
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Shenika
1 year ago
I disagree, I believe the correct answer is B) 4.5%
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Dahlia
1 year ago
I think the answer is A) 1.5%
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