CFA Practice Question

There are 266 practice questions for this study session.

CFA Practice Question

Which determinant has a direct relationship with convexity?
A. Dispersion of cash flows
B. Coupon
C. Yield
Explanation: If two bonds have the same duration, the one that has the greater dispersion of cash flows has the greater convexity.

User Contributed Comments 1

User Comment
nmech1984 Any explanation here?
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