A bond has a duration of 7.65 and has a YTM of 0.08 when interest rates change by 100 basis points. What is the expected change

Question

A bond has a duration of 7.65 and has a YTM of 0.08 when interest rates change by 100 basis
points.
What is the expected change in price for the bond using only this information?
-0.0758
O -0.0614
O-0.0708
-0.0653
-0.0805

Kunduz · Accepted Answer

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