Question
A 100 basis point increase in yield results in a larger PVBP (in absolute value) than a 100 basis point decrease in yield has on
A 100 basis point increase in yield results in a larger PVBP (in absolute value) than a 100 basis point decrease in yield has on PVBP when we calculate the change in price. True or False?
|
| Bond ABC |
| Coupon | 8% |
| Yield to maturity | 9% |
| Maturity (years) | 5 |
| Par | $100.00 |
| Price | $96.0436 |
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Law And Financial Stability
Authors: International Monetary Fund
1st Edition
1513523007, 978-1513523002
