题目内容

The price value of a basis point (PVBP) of a bond is $0.75. If the yield on the bond goes up by 1 bps, the price of the bond will:()

A. decline by $0.75.
B. increase by $0.75.
C. increase or decrease by $0.75.

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The price value of a basis point (PVBP) for a 18 year, 8 percent annual pay bond with a par value of $1000 and yield of 9 percent is closest to:()

A. $0.82.
B. $0.44.
C. $0.63.

A five-year bond with a 8.00 percent semiannual coupon currently trades atl02. 345 percent of a par value of $1000. Which of the following is closest to the current yield on the bond()

A. 3.91%.
B. 7.43%.
C. 7.82%.

If a bond has a convexity of 120 and a modified duration of 10, what is the convexity adjustment associated with a 25 basis point interest rate decline()

A. -2.875%.
B. -2.125%.
C. +0.075%.

The yield to maturity for a semiannual-pay, 10 -year corporate bond is 5.25 percent. What is the bond's annual equivalent yield()

A. 5.00%.
B. 5.25%.
C. 5.32%.

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