- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 44. Introduction to Fixed-Income Valuation
- Subject 5. Yield Measures for Fixed-Rate Bonds
CFA Practice Question
An annual rate with a periodicity of two is known as a ______.
II. semi-annual bond equivalent yield
III. yield per semi-annual period
I. semi-annual bond basis yield
II. semi-annual bond equivalent yield
III. yield per semi-annual period
Correct Answer: I and II
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