Multiple Choice
Approximate percentage change in a financial asset's price equals what?
A) It equals -Duration x (Yield change in decimal forms) x 100.
B) It equals [-Duration / (Yield change in decimal forms) ] x 100.
C) It equals -Duration x [(Yield change in decimal forms) / 100].
D) It equals +Duration x (Yield change in decimal forms) x 100.
Correct Answer:
Verified
Correct Answer:
Verified
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