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Basic Question 19 of 19
For a non-callable bond, the price change resulting from a 200 bp increase in required yield ______.
B. will be of the same magnitude as the price increase resulting from a 200 bp decrease in required yield
C. will be smaller in magnitude than the price increase resulting from a 200 bp decrease in required yield
A. will be greater in magnitude than the price increase resulting from a 200 bp decrease in required yield
B. will be of the same magnitude as the price increase resulting from a 200 bp decrease in required yield
C. will be smaller in magnitude than the price increase resulting from a 200 bp decrease in required yield
User Contributed Comments 2
| User | Comment |
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| johntan1979 | Positive convexity |
| ibrahim18 | Na wa o |
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Learning Outcome Statements
identify the relationships among a bond's price, coupon rate, maturity, and yield-to-maturity
CFA® 2025 Level I Curriculum, Volume 4, Module 6.