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If abond's volatility is 6 . 8 0 percent and the interest rate goes down by 0 . 7 5 percent ( points ) ,

If abond's volatility is 6.80 percent and the interest rate goes down by 0.75 percent (points), then the price of the bond:
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decreases by 5.10 percent.
decreases by 6.8 percent
increases by 5.10 percent.
increases by 0.75 percent.
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