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Hi @David Harper CFA FRM , @Nicole Seaman,it is my bad the error is in question set of Hull page no.138. Sorry I wrongly tagged it as a error in notes but it is in Question set. If you look at the highlighted text in the below document it says 0.5*30^2*0.0035 = 0.55125% . But it should read...

Hi @David Harper CFA FRM, @Nicole Seaman, On page no. 138, the formula for the convexity term is ΔP/P = ... 0.5*C*Δy^2; in this case, 0.5*30^2*0.0035 = 0.55125%. I think you have to correct the formula in notes as well. The formula should read "0.5*30^2*0.0035^2 = 0.55125%" in the notes. The...

@David Harper CFA FRM: I dont like to pester about the error in the notes which might be highlighted by many more people in the forum. If you look at page no. 55 of Hull study notes you will find that the last calculation of page 55 is not converting given CC rates to Semi Annual rates,but it...

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