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21. A bond has a modified duration of 6.25. The yield is expected to rise by 1% over the next two days. How much should

21. A bond has a modified duration of 6.25. The yield is expected to rise by 1% over the next two days. How much should the bond price change? a. rise by 7.46% b. rise by 6.25% C. fall by 8.30 % (i. fall by 6.25%

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