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If a bond has a Modified Duration of 5 then a 0.25% decrease in the yield of the bond will change the price of the

If a bond has a Modified Duration of 5 then a 0.25% decrease in the yield of the bond will change the price of the bond (in %) by:

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A. -1.25%

B. +0.25%

C. +1.25%

D. +5.00%

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