9-91 If Interest Rates Increase by 20 Basis Points (I $\Delta$

question 62

Multiple Choice

9-91 If interest rates increase by 20 basis points (i.e., $\Delta$ R = 20 basis points) ,use the duration approximation to determine the approximate price change.

• A)$0.000.
• B)$0.2775 per $100 face value.
• C)$2.775 per $100 face value.
• D)$0.2672 per $100 face value.
• E)$2.672 per $100 face value.

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Definitions:

Attribute

A quality, feature, or inherent part of someone or something that defines or contributes to its nature or character.

Selection Fairness

The equitable and unbiased process of choosing among candidates or alternatives in various contexts including recruitment.

Honesty Test

An assessment tool used by employers to evaluate the propensity of job applicants or employees to be honest and trustworthy.

Employment Interviewers

Professionals responsible for evaluating applicants to determine their suitability for a position, often acting as the liaison between the potential employer and the candidate.