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Question 3 2 pts Suppose a bond's price is expected to increase by 5% if its market discount rate decreases by 100 basis points.

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Question 3 2 pts Suppose a bond's price is expected to increase by 5% if its market discount rate decreases by 100 basis points. If the bond's market discount rate increases by 100 basis points, the bond price is most likely to change by: O [A] 5% O [B] less than 5% O [C] more than 5% O [D] can not be determined

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