CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 73 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 73
Topic #: 1

The company flowbo Ltd. currently owns 25 bonds with a total nominal value of 1,000. The bill rate is currently 7%. The market value of the bonds is currently 14.5% higher than the nominal value of each individual bond

plus the bill rate.

Which of these is the difference between the nominal value of the bonds plus the bill rate payout and the market value of each bond?

Express your answer in whole pounds.

A1,021

B1,070

C1,225.15

D1,155.12

Show Suggested Answer

Suggested Answer: C

by Lavonda at Aug 07, 2023, 02:52 AM

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Ines

1 months ago

This is a bond-a-fide challenge, but I'm sure I can bond-gle my way to the right solution.

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Chantell

7 days ago

C) 1,225.15

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Adolph

17 days ago

B) 1,070

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Pamela

18 days ago

A) 1,021

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Kathrine

2 months ago

Oh boy, I hope I don't bond-age myself with a wrong answer here.

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Eladia

C) 1,225.15

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Jacklyn

5 days ago

B) 1,070

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Lorriane

6 days ago

A) 1,021

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Gerald

21 days ago

D) 1,155.12

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Stefania

27 days ago

C) 1,225.15

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Sharmaine

1 months ago

B) 1,070

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Pedro

2 months ago

A) 1,021

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Gregoria

2 months ago

Alright, time to flex my financial wizard muscles! Let's do this.

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Antonio

2 months ago

B) 1,070

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Rebecka

2 months ago

A) 1,021

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Ronnie

2 months ago

Hmm, this looks tricky. Gotta keep a cool head and crunch those numbers carefully.

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Jamal

1 months ago

D) 1,155.12

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Barabara

1 months ago

C) 1,225.15

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Cheryll

2 months ago

B) 1,070

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Oren

2 months ago

A) 1,021

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Alayna

2 months ago

I'm not sure, but I think Gerald might be right. The market value being 14.5% higher than the nominal value plus the bill rate makes sense for option C.

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Gerald

2 months ago

I disagree, I believe the correct answer is C) 1,225.15.

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Tony

3 months ago

I think the answer is A) 1,021.

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