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1 pts Question 8 If a bond's volatility is 5 and the interest rate changes by 1 percentage point then the price of the bond:

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1 pts Question 8 If a bond's volatility is 5 and the interest rate changes by 1 percentage point then the price of the bond: O changes by 5% O changes by 2.5% O changes by 7.5% O none of the above

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