SGrade/CFA Level 1/Fixed Income — Core Concepts
Fixed Income — Core Concepts Practice Questions
This topic covers the essential principles of Fixed Income as tested in the CFA Level 1 exam.
Free to start · No credit card
Sample questions
3 of 20 questions shown. Sign in to practise all 20 with full explanations.
A day count convention that assumes each month has 30 days and the year has 360 days is known as:
Examiner's Design Intent
Tests foundational knowledge of day count conventions essential for Fixed Income calculations while distinguishing between actual and standardized approaches
A bond that pays no periodic interest but is sold at a discount to its par value and matures at par is called a:
Examiner's Design Intent
Tests fundamental bond classification knowledge and ability to match specific bond characteristics to correct terminology - essential foundation for Fixed Income domain
A bond with a par value of $1,000, a coupon rate of 5.0%, and a current market price of $950 has a current yield of approximately:
Examiner's Design Intent
Tests candidate's fundamental understanding of current yield calculation and ability to distinguish it from coupon rate - a core fixed income competency
+ 17 more Fixed Income — Core Concepts questions in this set
Unlock all 20 questions free →Master Fixed Income — Core Concepts. Pass CFA L1.
See your predicted score update after every question. Free to start, no card needed.
Start free →