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1. If two bonds have the same duration, then the percentage change in price of the two bonds will be the same for a given

1. If two bonds have the same duration, then the percentage change in price of the two bonds will be the same for a given change in interest rates. Discuss.

2. Difference between YMT and RCY

3. Lessons on capital market history. What evidence is there to suggest these lessons are correct?

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