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 1 of 12

The computed daily standard deviation is 0.5% based on the most recent 26 daily yields on Treasury 30-year zeros. Assuming 250 trading days per year, the annual standard deviation should be ______.

User Contributed Comments 0

You need to log in first to add your comment.
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

Andrea Schildbach

Learning Outcome Statements

explain how a bond's exposure to each of the factors driving the yield curve can be measured and how these exposures can be used to manage yield curve risks;

explain the maturity structure of yield volatilities and their effect on price volatility.

CFA® 2025 Level II Curriculum, Volume 4, Module 26.