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AnalystNotes specializes in helping candidates pass. Period.

Basic Question 1 of 3

When buying a bond, one must pay the _____ price.

I. dirty
II. clean
III. full

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe how fixed-income forwards and futures are priced, and calculate and interpret their no-arbitrage value;

CFA® 2025 Level II Curriculum, Volume 5, Module 31.