- CFA Exams
- 2024 Level I
- Topic 7. Fixed Income
- Learning Module 13. Curve-Based and Empirical Fixed-Income Risk Measures
Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Learning Outcome Statements PDF Download
1. Curve-Based Interest Rate Risk Measures explain why effective duration and effective convexity are the most appropriate measures of interest rate risk for bonds with embedded options calculate the percentage price change of a bond for a specified change in benchmark yield, given the bond's effective duration and convexity | |
2. Key-Rate Durations define key rate duration and describe its use to measure price sensitivity of fixed-income instruments to benchmark yield curve changes | |
3. Empirical Duration describe the difference between empirical duration and analytical duration |
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
My Own Flashcard
No flashcard found. Add a private flashcard for the module.
Add