Which of the following is true of dv01 :

Group of answer choices

a) The higher a bonds dv01, the greater its price change in response to a change in yield.

b) The longer a bonds duration, the higher the dv01.

c) To calculate the effect on price of a 12 basis point change in yield, multiply the dv01 by 12.

d) It measures the effect on bond price of a single basis point change in yield.

e) All of these