medium · CFA Level I Fixed Income
A bond issued by Helion Rail has a Macaulay duration of 7.5 years and a yield-to-maturity of 4.0%.
If the yield increases by 50 basis points, the approximate percentage change in the bond's price is closest to:
- -7.50%
- -3.61%
- -3.75%
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More CFA Level I Fixed Income practice
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