An analyst gathers the following information about a bond currently trading at par:
Change in Benchmark Curve Price per 100 of Par Value:
+25 bps: 98
-25 bps: 103
The effective duration of this bond is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following information about a bond currently trading at par:
Change in Benchmark Curve Price per 100 of Par Value:
+25 bps: 98
-25 bps: 103
The effective duration of this bond is closest to: