Fixed Income Portfolio Management

CFA Level 3 · 5 questions

fixed income portfolio management1 / 5

Question 1Easy

An investor holds a bond with a modified duration of 6 years. If interest rates increase by 50 basis points, approximately what percentage change in the bond's price would be expected?

A.-3.0%B.-2.0%C.-1.5%D.+3.0%

Select an answer and check it