[CFA level 1模拟真题]Version 2 Questions－Q56 class, current, manager, market

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Q56. A bond portfolio manager owns $5 million par value of a noncallable bond issue- The duration of the bonds is 5.6 and the current market value of tale bonds is $5,125,000. If yield decline by 25 basis points, the approximate new price of the bonds after the decline in yield will he closest to.

A. $5,053,250

B. $5,070,000

C. $5,196,750

D. $5,412,000

答案和详解如下：

Q56.  C              Study Session 15-66.f

A duration of 5.6 means that the approximate percentage price change for a 100 basis point change in yield will be 5.6%. A 25 basis point change would be 5.6/4=1.4%. The approximate new price would be $5,125,000(1.014)=$ 5,196,750

 

vivian1022

c

jungle1009

see

jungle1009

see

obscurer

see

deanwj

c

fantasy_ln

see

technet

c

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c

ondesert

C