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A. Categorize
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D. Prioritize
Answer: C
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If a bond has a modified duration of 7 and convexity of 100 and interest rates fall 1 percent, what will happen to the price of the bond?
A. Rise 7.5%.
B. Rise 6.5%.
C. Fall 7.5%.
D. Fall 6.5%.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
ꢀV = -(7) (.01) + 1/2 (100) (.01)2.
NEW QUESTION: 3
Users report that they are unable to connect to a server. An administrator confirms that it is unreachable across the network. Other administrators have been working in the server room throughout the day. Which of the following is the NEXT step the administrator should take?
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B. Verify that network cables are connected.
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Answer: B
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