Approximate Percentage Change in a Financial Asset's Price Equals What

question 16

Multiple Choice

Approximate percentage change in a financial asset's price equals what?

• A) It equals -Duration x (Yield change in decimal forms) x 100.
• B) It equals [-Duration / (Yield change in decimal forms)] x 100.
• C) It equals -Duration x [(Yield change in decimal forms) / 100].
• D) It equals +Duration x (Yield change in decimal forms) x 100.

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