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Basic Question 1 of 17
Refer to the following price-yield curve.
The estimated changes due to duration are represented by ______.
User Contributed Comments 2
| User | Comment |
|---|---|
| msusolar | can anybody explain? |
| CFAMay2022 | A&B reps changes in price due to change in YTM/slope of the tangent line (rather than actual changes on curve) |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
calculate and interpret convexity and describe the convexity adjustment
calculate the percentage price change of a bond for a specified change in yield, given the bond's duration and convexity
CFA® 2025 Level I Curriculum, Volume 4, Module 12.