John Owns a Bond That Has a Modified Duration of 5.29

question 59

Multiple Choice

John owns a bond that has a modified duration of 5.29 and a yield to maturity of 6.1%. If interest rates increase by 50 basis points, the bond's price will change by ________.

• A)−2.65%
• B)−.54%
• C)−.41%
• D)+.41%
• E)+2.65%

Determine the main connective in compound statements.

Interpret and construct truth tables for various statement forms.

Distinguish between tautologies, contradictions, and contingencies based on truth tables.

Understand the roles of statement variables (e.g., antecedents, consequents) within different statement forms.