Bonds & Rates quiz intermediate
Bonds and Yields Quiz: 10 Questions
Ten questions on why bond prices fall when yields rise, and how much they fall.
Question 1 of 10
About this quiz
Current yield, yield to maturity, duration, credit spreads and the tax equivalent yield, tested with worked numbers you can check on paper. Each question comes with a short explanation of the right answer and a link to the guide that teaches it, so a wrong answer is a reading list rather than a dead end.
The quiz draws on the Bonds & Rates section. If you are new to the topic, start with the guides below, then come back and test yourself. Scores are calculated in your browser and are not stored or sent anywhere.
Frequently asked questions
Is this quiz free?
Yes. No account, no email and no charge. Your answers are scored locally in the browser, so nothing about your result is recorded or sent anywhere.
What score counts as passing?
Seven out of ten is a fair pass for an intermediate fixed income quiz. If the duration and yield to maturity questions were the ones you missed, those two ideas explain most of what a bond portfolio does in a year.
Do I need a financial calculator?
No. Every calculation here can be done with simple division, and the explanations show the arithmetic so you can follow the steps even if you guessed the right answer.