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  • If the duration of a bond is 4 years, and the yield incre...
Multiple choice

If the duration of a bond is 4 years, and the yield increases by 1%, then the bond price will

  1. not change

  2. increase by nearly 2%

  3. increase by nearly 4%

  4. decrease by nearly 2%

Reveal answer Fill a bubble to check yourself
D Correct answer

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