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dP: Change in the Present Value of the Bond dR: Change in the interest rate R: Initial Interest rate D: Duration of the Bond P:

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dP: Change in the Present Value of the Bond dR: Change in the interest rate R: Initial Interest rate D: Duration of the Bond P: Initial Present value of the Bond Which of the following formulas is correct? dR dp OA. (1+r) D*P 08. (42- ca+dp)* op dR -(1.+ R). dp 00 dp --Rop

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