CIMAPRA17-BA1-1 Exam - Topic 1 Question 73 Discussion

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

Question #: 73
Topic #: 1

The company flowbo Ltd. currently owns 25 bonds with a total nominal value of 1,000. The bill rate is currently 7%. The market value of the bonds is currently 14.5% higher than the nominal value of each individual bond

plus the bill rate.

Which of these is the difference between the nominal value of the bonds plus the bill rate payout and the market value of each bond?

Express your answer in whole pounds.

A1,021

B1,070

C1,225.15

D1,155.12

Show Suggested Answer

Suggested Answer: C

by Lavonda at Aug 07, 2023, 02:52 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA1-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Shenika

10 months ago

Not sure about that, I thought the market value would be lower.

upvoted 0 times

...

Filiberto

10 months ago

Wait, how do we even calculate that? Sounds tricky!

upvoted 0 times

...

Ryan

10 months ago

I think the answer is B, 1,070. Seems right!

upvoted 0 times

...

Shizue

10 months ago

Market value is 14.5% higher than nominal + bill rate.

upvoted 0 times

...

Teri

10 months ago

The nominal value is 1,000 and bill rate is 7%.

upvoted 0 times

...

Paola

11 months ago

If I recall correctly, the market value is based on the nominal value plus the bill rate, but I can't remember the exact steps to find the difference.

upvoted 0 times

...

Kimbery

11 months ago

I feel a bit lost with the percentages and how they apply to the nominal value. Did we cover this in class?

upvoted 0 times

...

Glendora

11 months ago

This question seems similar to one we practiced where we had to find the difference between market and nominal values. I think I might be on the right track.

upvoted 0 times

...

Nichelle

11 months ago

I remember calculating the market value before, but I'm not sure how to factor in the bill rate this time.

upvoted 0 times

...

Francoise

11 months ago

Okay, I've got a few ideas on this one. The stakeholder engagement and the Scrum Master's role in ensuring transparency seem like they could be big factors. I'll need to think through the other options as well, but those are the ones that stand out to me initially.

upvoted 0 times

...

Maxima

11 months ago

I remember studying the Fraud Triangle, and I thought it was about pressure or incentive, but now Iâ€™m second-guessing that.

upvoted 0 times

...

Alyce

11 months ago

I'm feeling pretty confident about this one. The references checked out, so unless there's some major red flag I'm missing, I don't see a need to go beyond that. We have to be careful about spreading gossip or unfounded rumors, especially when it comes to public spending. I'd be inclined to just move forward with the consulting firm.

upvoted 0 times

...

Anglea

11 months ago

This seems like a question that requires some specific product knowledge. I'll try to eliminate the options that don't seem plausible, and then make an educated guess based on my understanding of PCIe standards and Cisco networking products.

upvoted 0 times

...

Ines

1 year ago

This is a bond-a-fide challenge, but I'm sure I can bond-gle my way to the right solution.

upvoted 0 times

Chantell

1 year ago

C) 1,225.15

upvoted 0 times

...

Adolph

1 year ago

B) 1,070

upvoted 0 times

...

Pamela

1 year ago

A) 1,021

upvoted 0 times

...

Kathrine

1 year ago

Oh boy, I hope I don't bond-age myself with a wrong answer here.

upvoted 0 times

Roselle

1 year ago

D) 1,155.12

upvoted 0 times

...

Eladia

1 year ago

C) 1,225.15

upvoted 0 times

...

Jacklyn

1 year ago

B) 1,070

upvoted 0 times

...

Lorriane

1 year ago

A) 1,021

upvoted 0 times

...

Gerald

1 year ago

D) 1,155.12

upvoted 0 times

...

Stefania

1 year ago

C) 1,225.15

upvoted 0 times

...

Sharmaine

1 year ago

B) 1,070

upvoted 0 times

...

Pedro

1 year ago

A) 1,021

upvoted 0 times

...

Gregoria

1 year ago

Alright, time to flex my financial wizard muscles! Let's do this.

upvoted 0 times

Antonio

1 year ago

B) 1,070

upvoted 0 times

...

Rebecka

1 year ago

A) 1,021

upvoted 0 times

...

Ronnie

1 year ago

Hmm, this looks tricky. Gotta keep a cool head and crunch those numbers carefully.

upvoted 0 times

Jamal

1 year ago

D) 1,155.12

upvoted 0 times

...

Barabara

1 year ago

C) 1,225.15

upvoted 0 times

...

Cheryll

1 year ago

B) 1,070

upvoted 0 times

...

Oren

1 year ago

A) 1,021

upvoted 0 times

...

Alayna

1 year ago

I'm not sure, but I think Gerald might be right. The market value being 14.5% higher than the nominal value plus the bill rate makes sense for option C.

upvoted 0 times

...

Gerald

1 year ago

I disagree, I believe the correct answer is C) 1,225.15.

upvoted 0 times

...

Tony

1 year ago

I think the answer is A) 1,021.

upvoted 0 times

...