Examine Example 17-13.The basic data is repeated here,in financial calculator format: FV = 1000,N=30,PMT=50
Why are the % changes different?
A) They are actually the same: the table includes an error.
B) The prices shown are rounded to the nearest penny,slightly moving the % changes.
C) The relationship between interest rates and price is not linear.
D) Other factors,including duration and coupon rate,will also affect the relationship between interest rates and prices.
Correct Answer:
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