Question: Convexity implies that duration predictions Question 5Answer a. overestimates the % decrease in bond price when the yield rises b. overestimates the % increase in

Convexity implies that duration predictions Question 5Answer a. overestimates the % decrease in bond price when the yield rises b. overestimates the % increase in bond price when the yield falls c. underestimate the % increase in bond price when the yield falls d. underestimate the % decrease in bond price when the yield rises

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