Explained vs. Unexplained

In a CFAI Mock it asks for you to define the expected interest rate effect

Then, the follow up question is identify the change in the interest rate environment that would produce the unexpceted interest effect.

I figured to first look in reading 41, but there is nothing within the CFAI books that provides these answers.

Although I could potentially make something up on exam day to receive partail marks, I thought to post this, and see if people could weigh in with their answers.

Thanks.

There is actually . Look at the bottom of page 161 and the entire Exhibit 14 on the next page ( volume 6 of CFAI text , Performance attribution )

Beautiful. Thanks.

My eyes were fixated on Exhibit 14 on page 162.

Obviously getting tired.

Thanks again.