Fixed Income

Free Fixed Income CFA Level I practice quiz

Try a free Fixed Income CFA Level I practice quiz with instant feedback, worked explanations, and key takeaways.

Use this short set to check recall before moving into adaptive review for weak areas and due concepts.

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Fixed Income mini quiz

Answer 10 Fixed Income questions and review the explanations after each submission.

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Fixed Income

11. Yield-Based Bond Duration Measures and Properties

An annual-coupon bond has a Macaulay duration of 5.25 years and a yield-to-maturity of 6.0% compounded semiannually. The bond's modified duration is closest to:

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