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Basic Question 0 of 30
The benchmark component of a specific bond's yield-to-maturity is most likely to be affected by changes in ______.
B. its tax status
C. expected inflation rate
A. its credit risk
B. its tax status
C. expected inflation rate
User Contributed Comments 1
User | Comment |
---|---|
zriddle | Macroeconomic |

I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
explain the calculation and use of option-adjusted spreads;
explain how interest rate volatility affects option-adjusted spreads;
CFA® 2025 Level II Curriculum, Volume 4, Module 28.