Although not mentioned in Appendix 9A, for a given percentage ( ) change in interest rates, the

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Although not mentioned in Appendix 9A, for a given percentage (

)

change in interest rates, the increase in price for a decrease in rates is greater than the decrease in value for an increase in rates.

The following questions and problems are based on material in Appendix 9B to the chapter.

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Financial Institutions Management

ISBN: 9780078034800

8th Edition

Authors: Anthony Saunders, Marcia Cornett

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