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5. Which of the following durations most closely matches that of a bond quoted at 98:16, whose value falls to 95:29 if interest rates rise

5. Which of the following durations most closely matches that of a bond quoted at 98:16, whose value falls to 95:29 if interest rates rise by 75bps?

Select one:

A. 3.0

B. 4.5

C. 3.5

D. 5.0

E. 4.0

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