n NISM Certifications
XIII NISM Series XIII
Medium

A bond portfolio's current market value is Rs 100 cr and the portfolio modified duration (MD) is 6. If the Yield to Maturity (YTM) falls by one basis point (0.01%), calculate the market value after the change.

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    99.94 cr

  2. 100.06 cr

    Correct answer

  3. C

    99.40 cr

  4. D

    100.60 cr

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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