u/ImpressionSad9524

▲ 9 r/CFA

CFA L1BDOUBT

Question 16

A 5% corporate bond makes annual coupon payments on 19 March of each year. If the bond is priced for settlement on 25 March at a yield-to-maturity of 5%, its flat price is:

A. below par.

B. par.

C. above par.

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u/ImpressionSad9524 — 4 days ago
▲ 1 r/CFA

Devid Jakson, CFA, suspected that her intern, who was working without pay at her brokerage firm, had violated a federal securities regulation. Jakson discussed the matter with her company's legal counsel who said that the intern's conduct was illegal. According to the CFA Institute Code and Standards of Pro- fessional Conduct, Jakson can dissociate herself from this illegal activity by:

A) reporting the activity to the appropriate authorities.

B) transferring supervision of the intern to another person.

C) telling her intern to stop such conduct.

reddit.com
u/ImpressionSad9524 — 12 days ago