问题
单项选择题
A bond priced at par ($1000) has a modified duration of 8 and a convexity of 50. If interest rates fall 50 basis points, the bond' s price goes to approximately:（）
A. $1041.25.
B. $1040.00.
C. $958.75.
答案
参考答案：A
解析：
125%. The price would thus be $1000×1.04125=$1041.25.