Chartered Financial Analyst Level 1
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All else being equal, the absolute value of the percentage price change for an option-free bond is most likely:
All else being equal, the absolute value of the percentage price change for an option-free bond is most likely:
Exam-Like
A
Less when the market discount rate decreases than when it increases by the same amount.
0.0%
B
The same whether the market discount rate decreases or increases by the same amount.
50.0%
C
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