Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 0 of 9
The convexity adjustment is ______ on a traditional (option-free) fixed-rate bond for either an increase or decrease in the yield.
B. always a negative amount
C. either a positive or a negative amount
A. always a positive amount
B. always a negative amount
C. either a positive or a negative amount
User Contributed Comments 0
You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
compare effective convexities of callable, putable, and straight bonds;
CFA® 2025 Level II Curriculum, Volume 4, Module 28.