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Quant Interview Practice Questions

专题
Algorithms & Data Structures
难度
L2
来源
MyntBit

题目详情

You are a bond trader at a major investment bank. You are analyzing a bond with a modified duration of 7 and a convexity of 50. If interest rates increase by 50 basis points (0.5%), what is the approximate percentage change in the bond's price, using the duration-convexity approximation?