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Basic Question 1 of 4
Monte Carlo methods are often used to value bonds:
B. When future interest rates are unknown.
C. When there is infinite number of possible paths.
A. When a security's cash flows are path dependent.
B. When future interest rates are unknown.
C. When there is infinite number of possible paths.
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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 a Monte Carlo forward-rate simulation and its application.
CFA® 2024 Level II Curriculum, Volume 4, Module 29.