- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 26. The Term Structure and Interest Rate Dynamics
- Subject 3. The Swap Rate Curve and the Swap Spread
CFA Practice Question
The swap spread provides an indication of investors' required return for:
II. credit risk.
III. liquidity risk.
I. interest rate risk.
II. credit risk.
III. liquidity risk.
Correct Answer: II and III
User Contributed Comments 1
| User | Comment |
|---|---|
| CFAJ | why liquidity risk? |