- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 8. Hypothesis Testing
- Subject 3. Test Statistic and Significance Level
CFA Practice Question
User Contributed Comments 6
| User | Comment |
|---|---|
| shiva5555 | Of course, it's so obvious. |
| johntan1979 | The point where a callable bond's curve changes from convex to concave (negative convex) is when coupon rate = required yield |
| Amrokken | Shiva5555 it can be obvious for you and not for others, thanks Jonathan 1979 for clarifying. |
| GBolt93 | Are putable bonds very rare in actual practice? I've heard of callable bonds fairly frequently in school and generally, but this is my first time ever coming across putable bonds. |
| ashish100 | shiva if its so obvious, why are you here? just go take the exam without studying you pothead |
| khalifa92 | differentiate Stocks: called when prices go up to protect the issuer put when prices go down to protect the holder Bonds: called when market yield is lower to refinance at a lower rate. put when market yield is higher to re-invest at higher rates. |