Question: pick one mcq If the Purchasing Managers Index was expected to be 52 , and the reported number is 56 , what effect will it
If the Purchasing Managers Index was expected to be 52 , and the reported number is 56 , what effect will it have on the following 4 Treasury Securities? - Bond 1: 30-year T-Bond with a duration of 25 years - Bond 2: 30-year T-Bond with a duration of 15 years - Bond 3: 5-year T-Bill with a duration of 4.5 years - Bond 4: 5-year T-Bill with a duration of 3.5 years Bond 1 's price will increase the most and Bond 4 's price will increase the least Bond 1's price will decrease the most and Bond 4 's price, will decrease the least Bond,7 and Bond 2 will each decrease by the same percentage and Bond 3 and Bond 4 will also decrease by the same lower percentage than Bond 7 and Bond 2
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