CSI IFC Exam - Topic 6 Question 12 Discussion

Actual exam question for CSI's IFC exam

Question #: 12
Topic #: 6

What is the current yield on a $5,000 Government of Canada bond paying a 6% coupon and trading at a price of $102 (rounding to the nearest hundredth)?

A5.88%

B4.90%

C6.12%

D6.00%

Show Suggested Answer

Suggested Answer: D

by Pamella at Jun 18, 2026, 03:58 PM

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Christoper

3 days ago

I calculated it and got 6.12%. The coupon is high, so it fits.

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Chandra

8 days ago

I’m leaning towards 6.00%. Seems like a safe bet.

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Lauran

14 days ago

I think the yield is 5.88%. It makes sense with the bond price.

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Ben

19 days ago

I was thinking it might be 6.00%.

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Shawna

24 days ago

Wait, are we sure about that yield? Seems low.

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Dorothea

29 days ago

I thought it would be higher, but 5.88% makes sense.

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Lea

1 month ago

Totally agree, it's definitely 5.88%!

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Mike

1 month ago

The yield is 5.88%, right?

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Rosio

1 month ago

The coupon is 6% on $5,000, which is $300 annually. If it's trading at $102, I think I need to divide $300 by $5,100 to get the yield.

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Francine

2 months ago

I feel like I might be mixing up current yield with yield to maturity. I need to double-check the formula for current yield.

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Sonia

2 months ago

I remember a similar question where we had to find the yield, and I think it was something like the coupon divided by the price. So, maybe it's around 5.88%?

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Stefany

2 months ago

I think the current yield is calculated by dividing the coupon payment by the market price, but I'm not entirely sure how to round it correctly.

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