n NISM Certifications
NSM General NISM
Medium

___________ is a measure that reflects the price risk (interest rate risk) inherent in a bond.

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

Options

  1. A

    Yield-to-Maturity

  2. B

    Current yield

  3. C

    Credit rating

  4. Modified duration

    Correct answer

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

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.