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Basic Question 0 of 2
Consider the following results for the valuation of a callable bond:
V0 = 100.525.
V+ = 99.968.
V- = 101.235.
dy = 50 basis points.
V0 = 100.525.
V+ = 99.968.
V- = 101.235.
The effective duration of the bond is:
User Contributed Comments 2
| User | Comment |
|---|---|
| jimmyvo | isn't this a level 1 question? this is far too easy for level 2. |
| Rva100 | no |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
compare effective convexities of callable, putable, and straight bonds;
CFA® 2026 Level II Curriculum, Volume 4, Module 28.