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Basic Question 4 of 7

In the CIR model, dr = a(b-r)dt + σ r1/2dz, the long-term interest rate is:

A. a
B. b
C. r

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Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe term structure models and how they are used.

CFA® 2025 Level II Curriculum, Volume 4, Module 27.