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Basic Question 0 of 10

Refer to the following price-yield curve.

The estimated changes due to duration are represented by ______.

User Contributed Comments 2

User Comment
msusolar can anybody explain?
CFAMay2022 A&B reps changes in price due to change in YTM/slope of the tangent line (rather than actual changes on curve)
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Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe how interest rate swaps are priced, and calculate and interpret their no-arbitrage value;

CFA® 2025 Level II Curriculum, Volume 5, Module 31.