Chapter 16 Managing Bond Portfolios

A. If the market yield increases by 1% the bond's price will decrease by $55. B. If the market yield increases by 1% the bond's price will increase by $55. C. If the market yield increases by 1% the bond's price will decrease by $110. D. If the market yield increases by 1% the bond's price will increase by $110. E. None of these is true. 71. ................
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