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Basic Question 6 of 7

Which model does not try to explain the observed yield curve?

A. The CIR model
B. The Vasicek model
C. The Ho-Lee model

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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

describe term structure models and how they are used.

CFA® 2025 Level II Curriculum, Volume 4, Module 27.