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Basic Question 0 of 4
After some number crunching exercises you have got the VND of 102.80 per 100 of par value for a 5-year, 3.80% annual payment corporate bond. The overall CVA is 4.28. The fair value of the bond is therefore:
B. 98.52
C. need more information.
A. 95.72
B. 98.52
C. need more information.
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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
interpret changes in a credit spread;
CFA® 2026 Level II Curriculum, Volume 4, Module 29.