Houjichasan

Where is this exam? is it on CFAI’s website?

fishmarket

Where is this exam? is it on CFAI’s website?

pogo

Where is this exam posted?

lunarfollies

This was errata. Search for 2011 mock scores and you will see we discussed it already. Correct answer is A as it is written. Correct answer is C with the errata change.

dreampak

Agrred with rahuls.
Sector, duration contribution(PORTFOLIO), duration contribution(BMK)
————————————————————————————————
Treasury, 1.396, 1.140
MBS,         0.916, 0.916
Corp,        2.129, 2.355
—————————————————–
Total        4.44, 4.41
Basically, you can’t decide whether Treasury or Corp contribute more to duration mismatch. Spread duration does.
We don’t hve time to calc all this during the exam, though. As an intuitive thought, total duration is not provided on purpose and keep the question straightforward.

Chuckrox8

Level3Once wrote:
This was errata. Search for 2011 mock scores and you will see we discussed it already. Correct answer is A as it is written. Correct answer is C with the errata change.
^^^^

wizofoz

So what’s the final verdict on this one? - Is the final correct ans A or C?
I have gove with C - Corporates