GFOA Exam CPFO Topic 7 Question 100 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 100
Topic #: 7

[All CPFO Questions]

Most Government Issue bond in denominations of $5000, which underwriters call:

A'Five bonds''

BFives

CBase bonds

DBoth A&B

Show Suggested Answer

Suggested Answer: D

by Alpha at Sep 14, 2024, 01:49 AM

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Catarina

8 months ago

Haha, 'Five bonds'? What is this, a bond for giants? I'm going with B) Fives. It's the standard, just like my standard-sized wallet.

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Solange

8 months ago

A) 'Five bonds'? That's a bit wordy, don't you think? I'm going with B) Fives. It's more concise and rolls off the tongue better.

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Karima

8 months ago

C) Base bonds? Really? That's a new one to me. Gotta love these government bonds and their fancy names.

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Vicky

7 months ago

C) Base bonds? Really? That's a new one to me. Gotta love these government bonds and their fancy names.

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Leonor

7 months ago

B) Fives

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Clorinda

7 months ago

A) 'Five bonds'

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Samira

8 months ago

I'm not sure about this one, but I think I'll go with D) Both A&B as well.

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Josephine

8 months ago

I agree with Zita, because $5000 divided by 1000 equals 5, so it makes sense to call them 'Five bonds' or just 'Fives.'

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Tran

8 months ago

I think the answer is B) Fives. It just makes sense, right?

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Caitlin

7 months ago

No problem! Happy to help clarify.

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Selma

7 months ago

Oh, I see. Thanks for confirming that.

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Viva

8 months ago

Yes, you're correct. Fives is the term underwriters use for Government Issue bonds in denominations of $5000.

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Tu

8 months ago

I think the answer is B) Fives. It just makes sense, right?

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Milly

8 months ago

D) Both A&B sounds about right. I mean, who doesn't love a good 'Five bond'?

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Zita

8 months ago

I think the answer is D) Both A&B.

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