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Finra Series-7 Exam - Topic 6 Question 4 Discussion

Posted by Helga on May 09, 2022 at 09:49 AM

Bonds are most often quoted as a percentage of:

Suggested Answer: A

face value. The price is 100.00 if the yield is the same as the coupon rate. A price of less than 100.00 means the yield is higher than the coupon rate. A price of more than 100.00 means the yield is lower than the coupon rate. The prices are a percentage of 100.00. However, treasury bonds and municipal bonds are not quoted in this way.


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12 comments · newest first
CA
Carmelina 1 year ago
Not sure about that, seems too simple!
PA
Page 1 year ago
Definitely face value, that's standard practice.
RO
Roslyn 1 year ago
Wait, is that really the case? I thought it varied.
JO
Jodi 1 year ago
Totally agree, it's always face value!
NI
Nickolas 1 year ago
Bonds are quoted as a percentage of face value.
CR
Cristal 1 year ago
Definitely face value! I recall that being a key point in our study materials.
GL
Gladys 1 year ago
I'm a bit confused; could it be market value instead? I feel like I've seen that somewhere.
RY
Ryan 1 year ago
I remember practicing a question like this, and I think face value was the answer.
AN
Annalee 1 year ago
I think bonds are quoted as a percentage of face value, but I'm not completely sure.
CE
Celeste 1 year ago
Hmm, I'm not too familiar with the dumpadm utility. I'll need to think this through and try to eliminate any options that don't seem relevant.
AD
Adelle 1 year ago
Hmm, I'm a bit confused on the best approach here. Should we be modifying the product object itself, or is there a way to handle this at the site level? I'll need to think this through carefully.
RE
Rebecka 1 year ago
I'm a little confused by the wording of some of these options. I'll need to re-read them a few times to make sure I understand what they're saying.
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