CFA Level I sample question

CFA Level I 10. Interest Rate Risk and Return question

Fixed Income / 10. Interest Rate Risk and Return

No-login practice

10. Interest Rate Risk and Return sample question

Choose an answer before revealing the explanation, key takeaway, and answer-choice review.

Question 1 of 1Score 0/1

Moderate

Fixed Income

10. Interest Rate Risk and Return

A bond has a Macaulay duration of 4.2 years. The investor's horizon is 4.2 years. For a small parallel yield change, the investor is most likely near the horizon at which:

Report an issue

Question of the Week

Get one CFA Level I question by email

Receive a weekly practice question with answer-choice explanations and a short takeaway.