Relative to Bond C, for a 200 basis point decrease in the required rate of return, Bond

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Relative to Bond C, for a 200 basis point decrease in the required rate of return, Bond B will most likely exhibit a(n):

A . equal percentage price change.

B . greater percentage price change.

C . smaller percentage price change.

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Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

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