Free CTFA Exam Braindumps (page: 25)

Page 25 of 113

When the market's required rate of return for a particular bond is much less than its coupon rate, the bond is selling at:

  1. A premium
  2. A discount
  3. cannot be determined without more information
  4. Face value

Answer(s): A



Virgo Airlines will pay a $4 dividend next year on its common stock, which is currently selling at $100 per share. What is the market's required return on this investment if the dividend is expected to grow at 5% forever?

  1. 4 Percent
  2. 5 Percent
  3. 7 Percent
  4. 9 Percent

Answer(s): D



Interest rates and bond prices:

  1. Move in the same direction
  2. Move in opposite directions
  3. Sometimes move in the same direction, sometimes in opposite directions
  4. Have no relationship with each other (i.e., they are independent)

Answer(s): B



The expected rate of return on a bond if bought at its current market price and held to maturity.

  1. Yield to maturity
  2. Current yield
  3. Coupon Yield
  4. Capital gains yield

Answer(s): A



Page 25 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
upvote