Multiple Choice
What is the percentage price change for the bond if interest rates decline 50 basis points from the original 5 percent?
A) -2.106 percent.
B) +2.579 percent.
C) +0.000 percent.
D) +3.739 percent.
E) +2.444 percent. [Refer to: 9-83]
Correct Answer:
Verified
Correct Answer:
Verified
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