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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 used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

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

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