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Basic Question 1 of 9
With a fixed-rate bond, interest rate volatility affects its ______.
B. future coupon payments
C. principal payment
A. bond price
B. future coupon payments
C. principal payment
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
calculate and interpret yield spread measures for floating-rate instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 8.