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Basic Question 1 of 2
True or False? Given two option-free bonds, if their pathwise values are the same, then their cash flows are identical.
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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 pathwise valuation in a binomial interest rate framework and calculate the value of a fixed income instrument given its cash flows along each path;
CFA® 2024 Level II Curriculum, Volume 4, Module 29.