12. Yield-Based Bond Convexity and Portfolio Properties sample question
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Fixed Income / 12. Yield-Based Bond Convexity and Portfolio Properties
Choose an answer before revealing the explanation, key takeaway, and answer-choice review.
12. Yield-Based Bond Convexity and Portfolio Properties
A bond's current full price is 100.00. If yields decrease by 50 bps, price is 105.20; if yields increase by 50 bps, price is 95.40. Approximate convexity is closest to:
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