- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 29. Credit Analysis Models
- Subject 4. Valuing Risky Bonds in an Arbitrage-Free Framework
CFA Practice Question
The assumed level of interest rate volatility has ___ impact on the value of a default-free government bond.
B. small
C. big
A. no
B. small
C. big
Correct Answer: A
There is no credit risk in this case.
User Contributed Comments 0
You need to log in first to add your comment.