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Basic Question 3 of 8
Bond market indices are typically computed ______.
II. based on total return as opposed to capital gain
III. using prices quoted by traders
I. using value-weighting based on the outstanding amount of par value of the underlying issues
II. based on total return as opposed to capital gain
III. using prices quoted by traders
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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 types of equity indexes
describe types of fixed-income indexes
describe indexes representing alternative investments
CFA® 2025 Level I Curriculum, Volume 3, Module 2.