Learning Module 10 of Fixed Income 11–14% of the exam
Interest Rate Risk and Return
3 lessons. About 0 minutes in cram mode, 0 minutes in full.
Lessons for this module are being written. The outcomes and lesson plan below are final.
Lessons
- 1 Sources of Return from Investing in a Fixed-Rate Bond
Coming soon
- 2 Investment Horizon and Interest Rate Risk
Coming soon
- 3 Macaulay Duration
Coming soon
What the exam expects you to do
- Calculate and interpret the sources of return from investing in a fixed-rate bond;.
- Describe the relationships among a bond’s holding period return, its Macaulay duration, and the investment horizon;.
- Define, calculate, and interpret Macaulay duration..