- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 8. Yield and Yield Spread Measures for Floating-Rate Instruments
- Subject 2. Yield Measures for Money Market Instruments
CFA Practice Question
Money market rates are typically ______.
B. annualized but not compounded
C. neither annualized nor compounded
A. annualized and compounded
B. annualized but not compounded
C. neither annualized nor compounded
Correct Answer: B
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