CFA Practice Question

There are 252 practice questions for this study session.

CFA Practice Question

If a portfolio manager wants to shorten the effective duration of a bond portfolio, the best type of bond to add is:
A. zero coupon bond
B. callable bond
C. floater
Explanation: The duration of a floater is the time (in years) to next reset. It is usually 3 month or 6 month.

User Contributed Comments 0

You need to log in first to add your comment.