A bond has a modified duration of 6.2 and an approximate annual convexity of 328. If yields increase by 30 bps, the expected percentage price change of this bond is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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A bond has a modified duration of 6.2 and an approximate annual convexity of 328. If yields increase by 30 bps, the expected percentage price change of this bond is closest to: