Question: Question 3 1 pts True or false: Using Macaulay duration to approximate a bond price change when interest rate goes from 3% to 3.8% will

Question 3 1 pts True or false: Using Macaulay duration to approximate a bond price change when interest rate goes from 3% to 3.8% will produce results that are just as accurate as in the case when interest rate goes from 3% to 4.9%. Type 1 for true, and O for false
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