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Which of the above mentioned rates is the policy rate of European Central Bank? Select one: 3. EONIA O b. Overnight interest rate of the
Which of the above mentioned rates is the policy rate of European Central Bank? Select one: 3. EONIA O b. Overnight interest rate of the deposit facility O CEONIA swap rate O d. Interest rate used in fine-tuning operations (FTO-) O e. 3 months EURIBOR If the modified duration of a bond is 4%, then in the case of a 3% decrease in interest rates, the bond value in this example would Select one: O a. increase by about 4% O b. decrease by about 12% O c decrease by about 4% Od increase hv about 129
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