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Question 12 1 pts A bond has a modified duration of 15. If interest rates fall by 1.25%, the bond price will Fall by approximately

Question 12 1 pts A bond has a modified duration of 15. If interest rates fall by 1.25%, the bond price will Fall by approximately 18.75% * Rise by approximately 18.75% O Fall by approximately 15% O Rise by approximately 15%

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