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If a bond's modified duration is 6 and the interest rate goes down by 0.95%, the price of the bond will: increase by 5.7%. decrease
If a bond's modified duration is 6 and the interest rate goes down by 0.95%, the price of the bond will: increase by 5.7%. decrease by 5.7%. increase by 6%. decrease by 6%
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Inside Company Valuation
Authors: Angelo Corelli
1st Edition
3319537822, 9783319537825
