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NEW QUESTION: 1
A 10-year, semiannual-pay $1,000 bond with a 6% coupon is currently priced at $864.10, to yield 8%. If yields increase by 50 basis points (bp), the new price of the bond would be $833.82. If yields decrease by
50 bp, the new price of the bond would be $895.78. The expected percentage change in the price of this bond for a 100 bp change in yield is closest to:
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B. 14.4%.
C. 3.6%.
Answer: A
NEW QUESTION: 2
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A. Option C
B. Option A
C. Option B
D. Option D
E. Option E
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NEW QUESTION: 3
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