Multiple Choice
For large interest rate increases,duration _____________ the fall in security prices,and for large interest rate decreases,duration ______________ the rise in security prices.
A) overpredicts; overpredicts
B) overpredicts; underpredicts
C) underpredicts; overpredicts
D) underpredicts; underpredicts
E) None of the options presented
Correct Answer:

Verified
Correct Answer:
Verified
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