Consider a bond selling at par with modified duration of 7.9 years and convexity of 178. What

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Consider a bond selling at par with modified duration of 7.9 years and convexity of 178. What would be the percentage price change according to the duration with-convexity rule if the yield decreases by 3%?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Posted Date: Dec 28, 2022 02:52 AM

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Consider a bond selling at par with modified duration of 7.9 years and convexity of 178. What

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The durationwithconvexity rule states that the percentage price change of a bond is equal to the dur... View the full answer

Bond Markets Analysis and Strategies

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