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Question
A bond has a Macaulay's duration of 21 years. If rates rise from 5% to 5.5%, the bonds price will:a. increase by approximately 1%.
b. decrease by approximately 1%.
c. increase by approximately 10%.
d. decrease by approximately 10%.
e. Not enough information is given to answer the question.
Answer
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Related questions
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b. CMO yields are generally higher than comparable Treasury yields.
c. CMOs exhibit little default risk.
d. All of the above are true.
e. Only a. and c. are true.
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b. currencies in the future at a specified time at an unknown exchange rate.
c. currencies in the future at an unspecified time at an unknown exchange rate.
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Q:
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b. are limited to "negative" provisions.
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d. are seldom enforced.
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In the credit process, which of the following activities falls under Credit Execution and Administration?
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c. a risk-free guarantee.
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e. all of the above.