Question: Because the relation between bond price and bond yield is not linear, an increase in a bond's yield to maturity results in an absolute bond
Because the relation between bond price and bond yield is not linear, an increase in a bond's yield to maturity results in an absolute bond price change that is the absolute bond price change resulting from a decrease in yield of equal magnitude. A) Equal to B) Larger than OC) Smaller than D) Sometimes larger than but sometimes smaller than
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