- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 44. Introduction to Fixed-Income Valuation
- Subject 6. Yield Measures for Floating-Rate Notes and 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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