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Basic Question 0 of 11

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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Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain the appropriate adjustments to net income, earnings before interest and taxes (EBIT), earnings before interest, taxes, depreciation, and amortization (EBITDA), and cash flow from operations (CFO) to calculate FCFF and FCFE;

calculate FCFF and FCFE;

CFA® 2025 Level II Curriculum, Volume 4, Module 22.