Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 6 of 10
Consider a 90-day repo with a face value 100 and a quoted add-on rate of 4.5% for an assumed 360-day year. What is the redemption amount?
User Contributed Comments 1
| User | Comment |
|---|---|
| zainabcmu | Redemption value is FV |
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
Learning Outcome Statements
calculate and interpret yield measures for money market instruments
CFA® 2024 Level I Curriculum, Volume 4, Module 8.