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The volatility of a bond is given by: A. duration/(1 + yield) only B. slope of the curve relating the bond price to the interest
The volatility of a bond is given by:
A. duration/(1 + yield) only
B. slope of the curve relating the bond price to the interest rate only
C. yield to maturity only
D. duration/(1 + yield) and slope of the curve relating the bond price to the interest rate only
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