Suppose that the bond in Question 3 is callable at par today. Using a 25 basis point change in yield, the bond's effective duration assuming that its price cannot exceed 100 is closest to:

[单选题]The modified duration of a bond is 7.87. The percentage change in price usi

[单选题]A bond has an effective duration of 7.5. If the bond yield changes by 100 b

[单选题]The price value of a basis point (PVBP) for a bond is most accurately descr

[单选题]A bond portfolio manager owns $5 million par value of a non-callable bond i

[单选题]Why is the price/yield profile of a callable bond less convex than that of

[单选题]A bond is currently trading for $109.246 per $100 of par value. If the bond

[单选题]A bond has a convexity of 57.3. The convexity effect if the yield decreases

[单选题]An 8% coupon bond with a par value of $100 matures in 6 years and is sellin

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

[单选题]Two bonds have par values of $1,000. Bond A is a 5% annual-pay, 15-year bon