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When interest rates decrease, the bond price increases ( ) than duration suggests because of ( ) a) less, convexity b) less, concavity c) more,
When interest rates decrease, the bond price increases ( ) than duration suggests because of ( ) a) less, convexity b) less, concavity c) more, convexity d) more, concavity
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
