Consider a Bond with a Duration of 6 Years Having

question 50

Multiple Choice

Consider a bond with a duration of 6 years having a yield to maturity of 8% and interest rates are expected to rise by 50 basis points. What is the percentage change in the price of the bond?

• A)2.88%
• B)3.45%
• C)-3.89%
• D)-3.45%
• E)-2.88%

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Definitions:

Multicultural Therapy

A therapeutic approach that considers clients' cultural backgrounds in the treatment process.

Cultural Issues

Matters that arise from the differences in beliefs, practices, social norms, and values among cultures, which can impact individuals and societal interactions.

Private Psychotherapy

A form of mental health treatment involving private one-on-one sessions between a therapist and client to address psychological issues.

Mental Illness

A comprehensive span of psychological ailments that alter emotions, thoughts, and behaviors.