- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 26. The Term Structure and Interest Rate Dynamics
- Subject 5. Yield Curve Factor Models
CFA Practice Question
The monthly standard deviation for a 1-year T-bill is 8.528%. The annualized standard deviation (interest rate volatility) should be:
B. 2.472%
C. 29.54%
A. 0.7107%
B. 2.472%
C. 29.54%
Correct Answer: C
8.528% x 121/2 = 29.54%.
User Contributed Comments 1
User | Comment |
---|---|
Logaritmus | monthly std dev >= yearly std. dev so take C without computation |