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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 256 Topic 26 Discussion

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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 256 Topic 26 Discussion

CWM_LEVEL_2 Exam Topic 26 Question 256 Discussion:
Question #: 256
Topic #: 26

Section A (1 Mark)

Which of the following measures is lowest for a currently callable bond?
A.

Macaulay duration.

B.

Effective duration.

C.

Modified duration.

D.

None of the Above

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Actual exam question for AAFM CWM_LEVEL_2 exam by Echo3514 at Aug 3, 2025, 12:00:00 AM

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