单选题
The duration and convexity of an option-free bond priced at $90.25 are 10.34 and 151.60,respectively. If yields increase by 200 bps, the percentage price change is closest to:
【正确答案】
B
【答案解析】
It is calculated as duration effect:
and convexity effect:
Total perentage change is the sum of duration effect and convexity effect:
