Multiple Choice
When we refer to changes in the required yield, it is convenient to measure a change in yield in terms of what market participants refer to as ________.
A) a basis modification rather than a yield modification.
B) a yield modification rather than in terms of a basis modification.
C) a percentage change rather than a basis point.
D) a basis point rather than in terms of a percentage change.
Correct Answer:
Verified
Correct Answer:
Verified
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