Exam (elaborations)
CFA Chartered Financial Analyst Level 1 Formulas Questions with Correct Answers.
- Course
- Institution
Price change based on convexity Correct Answer -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration Correct Answer Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration Correct Answer [(v-)-(v+)]/[2V0(change in yield)] Futu...
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