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A bond has a modified duration of 4.90. The yield to maturity on this bond is expected to decrease by 110 basis points. The percentage
A bond has a modified duration of 4.90. The yield to maturity on this bond is expected to decrease by 110 basis points. The percentage change in bond price is closest to: Group of answer choices +5.39% +4.41% -4.41% -5.39%
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The Oxford Handbook Of Quantitative Asset Management
Authors: Bernd Scherer, Kenneth Winston
1st Edition
0199553432, 978-0199553433
