Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Basic Question 0 of 24

The benchmark component of a specific bond's yield-to-maturity is most likely to be affected by changes in ______.

A. its credit risk
B. its tax status
C. expected inflation rate

User Contributed Comments 1

User Comment
zriddle Macroeconomic
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe how the Black model is used to value European options on futures;

describe how the Black model is used to value European interest rate options and European swaptions;

CFA® 2025 Level II Curriculum, Volume 5, Module 32.