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【FRM每日一题】一级:金融市场与产品

【FRM每日一题】一级:金融市场与产品

备考FRM一级  |  2015-09-22

A $1,000 par bond with 22 years to maturity and a 4% semiannual coupon has a yield to maturity of 5%. Assuming a 5 basis point change in yield, what’s the convexity of this bond?

A.258

B.502

C.942

D.129

Answer: A


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