CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Matrix prices are based on quoted prices for bonds with similar ______.

I. coupons
II. ratings
III. maturities
Correct Answer: I, II and III

Matrix pricing is used to value illiquid bonds by using prices and yields on comparable securities having the same or similar credit risks, coupon rates and maturities.

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