tell me cfai isnt posting incorrect answers...

CFA Level I
#1

or am i just burned out Duration for Bond A = (102.97 - 101.04) / (2 × 102.00 × 0.005) = 1.89???

#2

this is from one of the mock exams that i got a friggin 60 on. weeeeaaaaak!!!

#3

that looks right. assuming current price is 102, and you are shocking interest rate by 50 bps, and they’ve given you 102.97 and 101.04

#4

1.8922

#5

Looks right to me.

#6

pepp Wrote: ------------------------------------------------------- > that looks right. assuming current price is 102, > and you are shocking interest rate by 50 bps, and > they’ve given you 102.97 and 101.04 if they don’t you have to find the bond prices yourself via PV function on the calc. I love it when they give you the bond prices in up and down states. if rate given 1.5% and they shock it by 50 bps, you just plug in 2% and 1% for YTM, right?

#7

with the TI BA II Plus calc… use the Bond function instead. That is faster and no need of doing as much manipulation. CP

#8

(102.97 - 101.04) = 1.57 (2 × 102.00 × 0.005)= 1.02 1.57/1.02= 1.54 my math must be wrong somewhere in here…can someone pinpoint it please? ARRRRGH

#9

FOUND IT! AAHAHAHHAHAHAHAH! using .4 instead of .04…ok im done for the day…that was a great waste of 30 minutes.

#10

102.97 - 101.04 = 1.93…

#11

102.7-101.04 is 1.93

#12

102.97-101.04 = 1.93

#13

unbelievable…i made that same error literally 6 different times in a row. i cannot believe that…i guess i was just rushing.

#14

102.97-101.04= 1.93

#15

102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 102.97-101.04= 1.93 thats all for me folks! remember to tip your waitresses!