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Basic Question 5 of 10
Repos are often quoted on ______.
B. an add-on rate basis
C. a current yield basis
A. a discount rate basis
B. an add-on rate basis
C. a current yield basis
User Contributed Comments 2
| User | Comment |
|---|---|
| aap2406 | Why ? |
| khalifa92 | because u pay PV and the repay u back the FV and benefit the addon interest |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
calculate and interpret yield measures for money market instruments
CFA® 2024 Level I Curriculum, Volume 4, Module 8.