CFA Practice Question

There are 147 practice questions for this study session.

CFA Practice Question

The least important factor in explaining changes in the yield curve has been found to be:
A. level
B. curvature
C. steepness
Explanation: In the textbook example, the curvature was found to explain about 3% of the total variance.

User Contributed Comments 2

User Comment
akirchner1 Level - 75%
Steepness - 17%
Curvature 3%
JZERMENO Thanks akirchner. Good luck!
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