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stad Which one of the following bonds would you select if you thought market interest rates were going to fall by 50 basis points over
stad Which one of the following bonds would you select if you thought market interest rates were going to fall by 50 basis points over the next six months? a. A bond with a Macaulay duration of 6.99 years that's currently being priced to yield 7.29%. b. A bond with a Macaulay duration of 14.75 years that's priced to yield 10.15% c. A bond with a Macaulay duration of 6.66 years that's priced to yield 6.49% good a. The modified duration for a bond with a Macaulay duration of 6.99 years that's currently being priced to yield 7.29% is years. (Round to two decimal places.) good
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