See how our partners can help you ace your CFA exams.
CFA Level 1 Question of the Week - Fixed Income
When the investment horizon and the bond's Macaulay duration are matched, a parallel shift in the yield curve prior to the first coupon payment will:
CFA Question Bank and Study Notes at https://analystprep.com
Register today for 120 free practice questions
CFA Level 1 Question of the Week - Fixed Income 9 votes
A. increase the investor's return.
B. decrease the investor's return.
C. minimally affect the investor's horizon return.