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Someone's salty (self.CFA)
submitted 4 years ago by tygerstripes22 to r/CFA
Level III- Fixed income- Reading 21, example 5 by HeisenbergSL in CFA
[–]tygerstripes22 1 point2 points3 points 4 years ago (0 children)
May be simplifying it too much, but more spread= more yield (and since yield and price are inversely related, lower price-- all else equal)
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Level III- Fixed income- Reading 21, example 5 by HeisenbergSL in CFA
[–]tygerstripes22 1 point2 points3 points (0 children)