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There is a bond selling with a modified duration of 12.7 years and convexity of 218. What would a 2.9% decrease in yield change the
There is a bond selling with a modified duration of 12.7 years and convexity of 218. What would a 2.9% decrease in yield change the percentage price change according to the duration-with-convexity rule?
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A Fast And Frugal Finance
Authors: William P. Forbes, Aloysius Igboekwu, Shabnam Mousavi
1st Edition
0128124954, 978-0128124956
