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Basic Question 1 of 4

Monte Carlo methods are often used to value bonds:

A. When a security's cash flows are path dependent.
B. When future interest rates are unknown.
C. When there is infinite number of possible paths.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe a Monte Carlo forward-rate simulation and its application.

CFA® 2025 Level II Curriculum, Volume 4, Module 27.