问题
单项选择题
A bond has a duration of 14.4 and a convexity measure of 85. If yield increases by 75 basis points, the percentage price change is closest to:（）
A. -5.16%
B. -10.32%
C. -11.28%
答案
参考答案：B
解析：
-14.4×0.0075+85×(0.0075)2=-10.8%+0.48%=-10.32%。