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pis possible A bond has a Macaulay duration of 11.50 and is priced to yield 9.5%. If interest rates go up so that the yield

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pis possible A bond has a Macaulay duration of 11.50 and is priced to yield 9.5%. If interest rates go up so that the yield goes to 10.0%, what will be the percentage change in the price of the bond? Now, if the yield on this bond goes down to 9%, what will be the bond's percentage change in price? Comment on your findings If interest rates go up to 10.0%, the percentage change in the price of the bond is %. (Round to two decimal places.) If interest raton go down to 9%, the percentage change in the price of the bond is % (Round to two decimal places.) Comment on your findings. (Select the best answer below) O A. As interest rates increase, the price of the bord decreases. As interest rates decrease, the price of the bond increase OB. As interest rates decrease, the price of the bond decreases. As interest rates increase the price of the bond increases. OC. As interest rates increase or decrease, the price of the bond remains the same OD. As interest rates increase or decrease the price of the bond will always increase

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