Post Utme Greenfield University 2023 Commerce Question 20
Practice objective / multiple choice question 20 from the 2023 Post Utme Greenfield University Commerce examination.
A company has a portfolio of bonds with a yield to maturity of 6% and a duration of 5 years. If the market interest rate increases by 2%, what is the expected change in the bond's price?
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About This Question
This is Post Utme Greenfield University 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Greenfield University Commerce examination.
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