9-78 What Is the Percentage Price Change for the Bond

question 87

Multiple Choice

9-78 What is the percentage price change for the bond if interest rates increase 50 basis points from the original 6 percent?

• A)-0.1033 percent.
• B)-0.4766 percent.
• C)-0.4695 percent.
• D)0.0000 percent.
• E)-0.2907 percent.

---

Definitions:

Widely Accepted

Recognized, approved, or embraced by a large majority or by authoritative entities.

Resolving Conflict

The process of finding a peaceful solution to a disagreement or dispute between two or more parties.

Conflict Handling Style

The approach or strategy an individual uses to manage or resolve disputes and disagreements in interpersonal or group settings.

Negotiation

A process of discussion aimed at reaching an agreement or compromise between two or more parties with differing objectives.