Question: Moving to another question will save the response Question 12 2 An annual payment bond has a 15 percent required rate of retum. Interest rates

 Moving to another question will save the response Question 12 2

Moving to another question will save the response Question 12 2 An annual payment bond has a 15 percent required rate of retum. Interest rates are expected to decrease 34 basis points. If the bonds duration is years what is the percentage change in bonds price? write your answer in % and round it to 2 decimal places) Moto Guestion within . O "op

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