Question: sis (2) range Tools Add-ons Help Last edit was 15 hours ago Background Layout - Theme Transition 123 15 67 10 11 -121 Question 5

sis (2) range Tools Add-ons Help Last edit was 15 hours ago Background Layout - Theme Transition 123 15 67 10 11 -121 Question 5 A bond is priced at 90. If the yield declines by 25 basis points, the price rises to 94.8; if the yield rises by 25 basis points, the price falls to 84.9. The approximate modified duration is closest to: OPTION A: 9.9. OPTION B: 22.0. OPTION C: 44.0

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