STATEMENT 1 BY CARR IS BEST DESCRIBED AS

35. - CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A
CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A

35. Statement 1 by Carr is best described as:

A. correct.

B. incorrect, since there is an inverse relationship between the future yield of the bond and the

investor’s holding period return.

C. incorrect, since there no relationship between the future yield of the bond and the investor’s

holding period return.