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
Which of the following is not a direct cause of autocorrelation or heteroskedasticity in the residuals of a regression model?
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?