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Basic Question 2 of 5
If the yield curve is upward sloping, and yields don't change, the bond, after one period, will be valued at successively ______ yields.
B. higher
C. the same
A. lower
B. higher
C. the same
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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
Learning Outcome Statements
describe the assumptions concerning the evolution of spot rates in relation to forward rates implicit in active bond portfolio management;
describe the strategy of rolling down the yield curve;
CFA® 2025 Level II Curriculum, Volume 4, Module 26.