CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 71 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 71
Topic #: 1

[All CIMAPRA17-BA1-1 Questions]

Brian has 80 bonds with a total market value of 2400. The interest rate on these bonds is 2.34%.

Using these figures, which of the following is the running yield of each of Brian's bonds?

A8.87%

B8.86%

C8.9%

D8.83%

Show Suggested Answer

Suggested Answer: C

by Jeanice at Jul 03, 2023, 10:14 PM

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Pilar

6 hours ago

I calculated it and got 8.87%, so I think the answer is A) 8.87%.

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Emiko

1 days ago

Hmm, this looks tricky. Let me see, running yield is the annual interest divided by the market value, so I'll need to do the calculations to figure this out.

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Huey

2 days ago

I agree with Casey, 8.86% makes sense based on the given information.

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Casey

5 days ago

I think the running yield is 8.86%.

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