PRMIA Exam 8002 Topic 1 Question 50 Discussion

Actual exam question for PRMIA's 8002 exam

Question #: 50
Topic #: 1

A bond has modified duration 6 and convexity 30. Find the duration-convexity approximation to the percentage change in bond price when its yield increases by 5 basis points

A10 basis point rise

B24 basis fall

C24 basis point rise

D30 basis points fall.

Show Suggested Answer

Suggested Answer: D

by Josphine at Sep 23, 2022, 04:07 AM

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