Question
bond MLK has a modified duration of 4.4 and a convexity of 136. According to the duration + convexity rule, what will be the estimated
bond MLK has a modified duration of 4.4 and a convexity of 136. According to the duration + convexity rule, what will be the estimated % change of bond MLK price if its Yield to Maturity suddenly decreases by 1%?
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
