If Interest Rates Increase by 20 Basis Points, What Is

question 78

Multiple Choice

If interest rates increase by 20 basis points, what is the approximate change in the market price using the duration approximation?

• A)-$7.985
• B)-$7.941
• C)-$3.990
• D)+$3.990
• E)+$7.949 [Refer to: 9-102]

Appreciate the importance of precise language and a wide range of evaluative terms in argumentation.

Grasp the role of underlying assumptions in the strength and validity of arguments.

Recognize the importance of not underestimating opponents in debate or dispute.

Understand the role and decisions of the Supreme Court in shaping early American law.