I’m with you mara
westbruin Wrote: ------------------------------------------------------- > I got D… but isn’t the proper way > taking the log changes… i hate when > cfa/schweser/etc. isn’t precise. because you don’t > know if it’s the wrong answer or just laziness on > their part. Yeah, I believe the data set that we should be taking the SD of is the difference of logs since they said yield volatility, which denotes a return. It’s the root of the classic L1 question: which distribution do stock prices follow and which distribution do stock returns follow.