n NISM Certifications
XIII NISM Series XIII
Medium

The price of a bond is Rs 100. The Yield to Maturity (YTM) is 8% and the Modified duration is 4. If the YTM changes by 2%, the bond price will change by ______.

Practice question from NISM Series XIII for SIF - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    10%

  2. Rs 8

    Correct answer

  3. C

    2%

  4. D

    Rs 4

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

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