CFA Level I sample question

CFA Level I 12. Yield-Based Bond Convexity and Portfolio Properties question

Fixed Income / 12. Yield-Based Bond Convexity and Portfolio Properties

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12. Yield-Based Bond Convexity and Portfolio Properties sample question

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Fixed Income

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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