Yield-Based Bond Duration Measures and Properties sample question
Choose an answer before revealing the explanation, key takeaway, and answer-choice review.
Question 1 of 1Score 0/1
Fixed Income / 11. Yield-Based Bond Duration Measures and Properties
Choose an answer before revealing the explanation, key takeaway, and answer-choice review.
11. Yield-Based Bond Duration Measures and Properties
A bond has a full price of 102.50 per 100 of par and a modified duration of 4.8. For 1,000 par value, the price value of a basis point is closest to:
Receive a weekly practice question with answer-choice explanations and a short takeaway.