Which of the following is/are true?
A)For rate increases, the estimated price based on duration will be below the actual price.
B)For rate increases, the estimated price based on duration will be above the actual price.
C)For rate decreases, the estimated price based on duration will be below the actual price.
D)a.and c.
E)b.and c.

Question

Quizplus · Accepted Answer

For rate increases, the estimated price based on duration will be below the actual price. For rate decreases, the estimated price based on duration will be below the actual price.

Which of the Following Is/are True