Question
A bond issued by Martin LLP currently has a YTM of 3.75%, and a modified duration of 4.25. You believe that the Fed is about
A bond issued by Martin LLP currently has a YTM of 3.75%, and a modified duration of 4.25. You believe that the Fed is about to raise interest rates by 75 basis points. Your predicted percentage price change for the bond based on modified duration only, is ______
| 2.56% | ||
| 2.81% | ||
| 3.19% | ||
| 3.75% | ||
| None of the above |
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Understanding Decentralized Finance How DeFi Is Changing The Future Of Money
Authors: Rhian Lewis
1st Edition
1398609390, 978-1398609396
