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PRMIA Exam 8006 Topic 8 Question 21 Discussion

Actual exam question for PRMIA's Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition exam
Question #: 21
Topic #: 8
[All Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition Questions]

What is the day count convention used for US government bonds?

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Suggested Answer: B

The day count convention used for US treasury bonds is Act/Act. The other choices are incorrect.


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