An investor evaluates the price sensitivity of an option-free bond with the following data:
Price for a 75 basis point increase: 104.0
Price for a 75 basis point decrease: 108.5
Given the current price of 106, the bond's duration is closest to:
Exam-Like
A
2.1
75.0%
B
2.8
25.0%
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An investor evaluates the price sensitivity of an option-free bond with the following data:
- Price for a 75 basis point increase: 104.0
- Price for a 75 basis point decrease: 108.5
Given the current price of 106, the bond's duration is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz