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Q3. What is the effective duration for Bond 2?
A) 1.620.
B) 0.023.
C) 1.470.
Q4. What is the 20-year rate duration for Bond 3?
A) 1.61.
B) 1.64.
C) 3.23.
Q5. An analyst has a list of key rate durations for a portfolio of bonds. If only one interest rate on the yield curve changes, the effect on the value of the bond portfolio will be the change of that rate multiplied by the:
A) median of the key rate durations.
B) weighted average of the key rate durations.
C) key rate duration associated with the maturity of the rate that changed.
Q6. Which of the following best describes key rate duration? Key rate duration is determined by:
A) changing the yield of a specific maturity.
B) changing the curvature of the entire yield curve.
C) shifting the whole yield curve in a parallel manner. | 
发表于 2009-3-18 16:50
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