PRMIA Related Exams
8007 Exam
A bond has modified duration 6 and convexity 30. Find the duration-convexity approximation to the percentage change in bond price when its yield increases by 5 basis points
You invest $2m in a bank savings account with a constant interest rate of 5% p.a. What is the value of the investment in 2 years time if interest is compounded quarterly?
When a number is written with a fraction as an exponent, such as , which of the following is the correct computation?