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You Turn to the Bond Market Page of a Newspaper

Question 94

Multiple Choice

You turn to the bond market page of a newspaper and look under the column headed "Net Chg" and see that it says,"-1/4" this indicates that


A) the closing price for the bond on this particular day was $2.50 lower than on the previous day.
B) the closing price for the bond on this particular day is $0.25 lower than on the previous day.
C) the yield for the bond has fallen by 0.25% compared to the previous day.
D) the yield for the bond has fallen by 0.25% compared to exactly one year ago.

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