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CFA Level I Curve-Based and Empirical Fixed-Income Risk Measures question

Fixed Income / 13. Curve-Based and Empirical Fixed-Income Risk Measures

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Curve-Based and Empirical Fixed-Income Risk Measures sample question

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Fixed Income

13. Curve-Based and Empirical Fixed-Income Risk Measures

A callable bond is valued at 100.0. If benchmark yields decrease by 50 bps, the bond value is 103.2. If benchmark yields increase by 50 bps, the bond value is 98.6. The bond's effective duration is closest to:

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