CFA Level I Fixed Income - Approximate Modified Duration and Convexity Adjustment

This is an excerpt from our comprehensive animation library for CFA Level I candidates. For more materials to help you ace the CFA Level I Exam, head on down to prepnuggets.com.

[@HAIYIZHU-qu5kt]

Absolutely helpful! Cheers

[@SAM1057368]

PrepNuggets and Keith’s explanations along the visual aids are just brilliant!
Strongly recommended!!

[@3ZOZ1KSA1BOY]

What a magnificent video! Bravo! This video in just 9 minutes, have Simplified the complicated simplicity of bond durations and convexities. Good job gentlemen, it is a shame that you don't have much views

[@phucho1641]

Already bought your level II course. Your animation videos make learning less painful. Hope you have the course for level III in a few months. I would love to buy it then.

[@samurainair1]

Excellent , I bought your level 1 material , just amazing

[@vimalgupta2670]

Hi Prepnuggets, the explanation was great but you have used two diff %Change in YTM.....why?
While calculating Individuals values of Duration & Convexity you used 1 BP,
But while calculating %Change in Price of bond you used 100 BP.

[@fatemehkamkar3607]

it was great , thank you

[@tingyuliu3943]

Absolutely helpful! Cheers