Question: For large interest rate declines, duration ________ the increases in the bond's price, and for large interest rate increases, it ________ the decline in the
For large interest rate declines, duration ________ the increases in the bond's price, and for large interest rate increases, it ________ the decline in the bond's price.
Group of answer choices
underpredicts; underpredicts
underpredicts; overpredicts
overpredicts; underpredicts
overpredicts; overpredicts
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