CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

A par curve is a sequence of yields-to-maturity in which ______
A. each bond's coupon rate is equal to its yield to maturity.
B. each bond's coupon rate is equal to the spot rate of its maturity.
C. each bond is priced at par value.
Explanation: The par curve is obtained from a spot curve.

User Contributed Comments 2

User Comment
jmliguori A bond that has a coupon = YTM is priced at par. A and C mean the same thing.
peter2022 No jmliguori.
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