Question: Examine Example 17-13. The basic data is repeated here, in financial calculator format: FV=1000,N=30,PMT=50 Why are the % changes different? 1) They are actually the

Examine Example 17-13. The basic data is repeated here, in financial calculator format: FV=1000,N=30,PMT=50 Why are the % changes different? 1) They are actually the same: the table includes an error. 2) The prices shown are rounded to the nearest penny, slightly moving the % changes. 3) The relationship between interest rates and price is not linear. 4) Other factors, including duration and coupon rate, will also affect the relationship between interest rates and prices. Examine Example 17-13. The basic data is repeated here, in financial calculator format: FV=1000,N=30,PMT=50 Why are the % changes different? 1) They are actually the same: the table includes an error. 2) The prices shown are rounded to the nearest penny, slightly moving the % changes. 3) The relationship between interest rates and price is not linear. 4) Other factors, including duration and coupon rate, will also affect the relationship between interest rates and prices

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