CFA Curriculum:
Duration x Market Value of Position x .01 or Duration x Market Value of Position / .01
Schweser:
Duration x Market Value of Position x .0001
Why the difference?
CFA Curriculum:
Duration x Market Value of Position x .01 or Duration x Market Value of Position / .01
Schweser:
Duration x Market Value of Position x .0001
Why the difference?
schweser’s definition is for pvbp.