Duration sample question
Choose an answer before revealing the explanation, key takeaway, and answer-choice review.
Question 1 of 1Score 0/1
Fixed Income
Duration
A 3-year bond with face value 100 pays a 4% annual coupon and yields 5% annually. Its Macaulay duration is closest to:
Report an issue
Get one CFA Level I question by email
Receive a weekly practice question with answer-choice explanations and a short takeaway.