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Basic Question 2 of 5

A bootstrap is a method of ______.

A. extracting the yield to maturity from the zero-coupon bonds
B. extracting spot rates from period-by-period zero-coupon bonds
C. including more coupon payment into a zero-coupon bond

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

define spot rates and the spot curve, and calculate the price of a bond using spot rates

CFA® 2025 Level I Curriculum, Volume 4, Module 9.