If interest rates rise 5% and if you own a bond with a maturity of 10years and a duration of 5with a 5% yield your bond price will change by approximately what percentage amount?

A- up 5%

b- down 5%

c- down 2.5%

d- up 5%

Answer rating: 100% (QA)

The correct answer is c down 25 When interest rates rise the price of a b... View the full answer