Question: Question to Mowing to the next question prevent changes to this awer uestion 1 4 points (4) a Define duration b. The duration for a

 Question to Mowing to the next question prevent changes to this

Question to Mowing to the next question prevent changes to this awer uestion 1 4 points (4) a Define duration b. The duration for a bond is 9.5 years. The interest rate is 6% currently and it is expected to decrease by 70 basis points. How will the bond be affected by this interest rate change? T. E3 o X For the toolbar, press ALT F10 IP or ALTHENF10 Mad BIUS Paragraph Arial A E 10pt C D | 0 Es D 1992 X X O WORDS OWE Moving to the next question prevents changes to this answer MacBook Pro

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