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Basic Question 2 of 14

Consider the following results for the valuation of a callable bond:

dy = 50 basis points.
V0 = 100.525.
V+ = 99.968.
V- = 101.235.

The effective duration of the bond is:
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User Contributed Comments 2

User Comment
jimmyvo isn't this a level 1 question? this is far too easy for level 2.
Rva100 no
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

compare effective convexities of callable, putable, and straight bonds;

CFA® 2026 Level II Curriculum, Volume 4, Module 28.