what is the PVBP for a bond that has a face of 1,000 with a duration of 5.42? 30 seconds
PVBP= 0.0001x Pox De=0.0001(1000)(5.42)= 0.54
nice strange, your on the ball when it comes to FI!
getterdone Wrote: ------------------------------------------------------- > nice strange, your on the ball when it comes to > FI! Thanks, however I am at work and I cannot write a lot of explanation! 
“This weekend will be a CFA rave no-stop studying”
same with me, you work in canada or us?
getterdone Wrote: ------------------------------------------------------- > same with me, you work in canada or us? uk what about u?
Canada all the way UK has the most sophisticated banking system in the world! you should do fine on the exam 
getterdone Wrote: ------------------------------------------------------- > Canada all the way > > UK has the most sophisticated banking system in > the world! > > you should do fine on the exam lol. I got a couple of canadian friends here…so monday will be a full time study day!
the UK! so you guys are the ones that tend to use the payback period as opposed to NPV then right?!?! jk
SkipE99 Wrote: ------------------------------------------------------- > the UK! so you guys are the ones that tend to use > the payback period as opposed to NPV then > right!!! > > jk LOL! I this it is just a bull&*£*. I always used the NPV.
0.542.
.54 One bps = .0001
btw, I read a question in Schweser, conclusion being that if you use payback period, most probably you are european and with an undergrad or lower level of education:)))) I guess that NPV stuff and IRR is for the elite educated=))