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Basic Question 0 of 2

Refer to the following price-yield curve.

The estimated changes due to duration are represented by ______.

User Contributed Comments 2

User Comment
msusolar can anybody explain?
CFAMay2022 A&B reps changes in price due to change in YTM/slope of the tangent line (rather than actual changes on curve)
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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

explain how time-series variables should be analyzed for nonstationarity and/or cointegration before use in a linear regression;

determine an appropriate time-series model to analyze a given investment problem and justify that choice.

CFA® 2025 Level II Curriculum, Volume 1, Module 5.