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Basic Question 8 of 9
The stated annual yield-to-maturity on a semi-annual bond basis is 4.96%. If you convert it to a periodicity of four, the annual yield-to-maturity will be ______ 4.96%.
B. equal to
C. higher than
A. lower than
B. equal to
C. higher than
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
calculate annual yield on a bond for varying compounding periods in a year
CFA® 2025 Level I Curriculum, Volume 4, Module 7.