Yield and Yield Spread Measures for Floating-Rate Instruments sample question
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CFA Level I sample question
CFA Level I Yield and Yield Spread Measures for Floating-Rate Instruments question
Fixed Income / 8. Yield and Yield Spread Measures for Floating-Rate Instruments
Fixed Income
8. Yield and Yield Spread Measures for Floating-Rate Instruments
A floating-rate note's quoted margin is 50 bps, but investors now require a discount margin of 90 bps for similar risk. The note is most likely priced:
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