- 41. A bond currently has a price of $1,050. The yield on the bond...
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- 41. A bond currently has a price of $1,050. The yield on the bond is 6%. If the yield increases 25 basis points, the price of the bond will go down to $1,030. The duration of this bond is years. 0) 10.11 8.08 7.46 9.02 42. A bond has a current price of $1.030. The yield on the bond is 8%. If the yield changes from 3% to 8.1%, the price of the bond will go down to $1.025.88. The modified duration of this bond is 439 3.75
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