当前位置： 找题吧 >  CFA特许金融分析师 CFA考试LevelⅠ
[单选题]

One limitation as to why using the average duration of the bonds in a portfolio does not properly reflect that portfolio's yield curve risk is that the approach assumes:

A.A non-parallel shift in the yield curve.

B.All the bonds have the same discount rate.

C.A parallel shift in the yield curve.

参考答案与解析：

相关试题

One reason why the duration of a portfolio of bonds does not properly reflect that portfolio's

[单选题]One reason why the duration of a portfolio of bonds does not properly refle

  • 查看答案

    • Compared to shorter duration bonds, longer duration bonds:

    [单选题]Compared to shorter duration bonds, longer duration bonds:A.Have smaller bi

  • 查看答案

    • 27. Why does eating apples make one£­s s

    [单选题]27． Why does eating apples make one-s stomach want less food?A． Because apples are delicious．B． Because apples are full of fiber and water．C． Because apples are sour．D． Because only apples are filled with calories．

  • 查看答案

    • Portfolio duration most accurately approximates the sensitivity of the value of a bond portfolio to:

    [单选题]Portfolio duration most accurately approximates the sensitivity of the valu

  • 查看答案

    • The modified duration of a bond is 7.87. The percentage change in price using duration for a yield d

    [单选题]The modified duration of a bond is 7.87. The percentage change in price usi

  • 查看答案

    • A bond portfolio manager is considering three Bonds - A, B, and C - for his portfolio. Bond A allows

    [单选题]A bond portfolio manager is considering three Bonds - A, B, and C - for his

  • 查看答案

    • One key difference between sovereign bonds and municipal bonds is that sovereign issuers:

    [单选题]One key difference between sovereign bonds and municipal bonds is that sove

  • 查看答案

    • The most likely impact of adding commodities to a portfolio of equities and bonds is to:

    [单选题]The most likely impact of adding commodities to a portfolio of equities and

  • 查看答案

    • A portfolio of option-free bonds is least likely to be exposed to:

    [单选题]A portfolio of option-free bonds is least likely to be exposed to:A.Volatil

  • 查看答案

    • £­£­Why does the Lake smell terrible? £­

    [单选题]--Why does the Lake smell terrible?--Because large quantities of water .A． have polluted B. is being polluted C. has been polluted D. have been polluted

  • 查看答案

    • One limitation as to why using the average duration of the bonds in a portfolio does not properly re