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CFA Level 1
Notes and Question Bank
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CFA Level 1
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Fixed Income
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Page 2
Fixed Income
Portfolio duration
Prepayment risk and prepayment rate measures
Properties of bond duration
Sources of fixed-income risk and return
Secondary markets and their types
Collateralized debt obligation, types, tranches, and risks
Residential mortgage-backed securities
Credit risk and its components
Contents of a bond indenture
Commercial mortgage-backed securities
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