[单选题]

The table below summarizes the yields and corresponding price for a hypothetical 15-year option-free bond that is initially priced to sell at 7% yield:

Using a 10 basis point rate shock, the effective duration for this bond closest to:

A.4.6 years.

B.7.5 years.

C.9.2 years.

参考答案与解析:

相关试题

For an option-free bond, if yields increase by 200 basis points, the parts of the total estimated pe

[单选题]For an option-free bond, if yields increase by 200 basis points, the parts

  • 查看答案
  • An estimate of the price change for an option-free bond caused by a 1% decline in its yield to matur

    [单选题]An estimate of the price change for an option-free bond caused by a 1% decl

  • 查看答案
  • Compared with an otherwise identical option-free bond, when interest rates fall, the price of a call

    [单选题]Compared with an otherwise identical option-free bond, when interest rates

  • 查看答案
  • A portfolio of option-free bonds is least likely to be exposed to:

    [单选题]A portfolio of option-free bonds is least likely to be exposed to:A.Volatil

  • 查看答案
  • Consider a 5-year option-free bond that is priced at a discount to par value. Assuming the<br /&g

    [单选题]Consider a 5-year option-free bond that is priced at a discount to par valu

  • 查看答案
  • A newly issued ten-year option-free bond is valued at par on 1 June 2005. The bond has an annual cou

    [单选题]A newly issued ten-year option-free bond is valued at par on 1 June 2005. T

  • 查看答案
  • The duration and convexity of an option-free bond priced at $90.25 are 10.34 and 75.80, respectively

    [单选题]The duration and convexity of an option-free bond priced at $90.25 are 10.3

  • 查看答案
  • The duration and convexity of an option-free bond priced at $90.25 are 10.34 and 1560,respectively.

    [单选题]The duration and convexity of an option-free bond priced at $90.25 are 10.3

  • 查看答案
  • An analyst uses a valuation model to estimate the value of an option-free bond at 92.733 to yield 11

    [单选题]An analyst uses a valuation model to estimate the value of an option-free b

  • 查看答案
  • An analyst determines that an 8% option-free bond, maturing in 2015, would experience a 3% change in

    [单选题]An analyst determines that an 8% option-free bond, maturing in 2015, would

  • 查看答案
  • The table below summarizes the yields and corresponding price for a hypothetical 15-year option-free