n NISM Certifications
NSM General NISM
Medium

Between Modified Duration and Price Value of a Basis Point (PVBP), which is a better risk measure?

Practice question from NISM Series IV - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Modified Duration

  2. B

    Price Value of a Basis Point

  3. Both of them are similar but in different context

    Correct answer

  4. D

    None of the above

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

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