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Question
An annual payment bond has a 9% required return. Interest rates are projected to fall 25 basis points. The bond's duration is 12 years. What is the predicted price change?
A. -2.75%
B. 33.33%
C. 1.95%
D. -1.95%
E. 2.75%
Answer
This answer is hidden. It contains 19 characters.
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