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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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