The current price of a bond is $100.When the YTM increases by 1%, the price of the bond goes down to $98.5.When the YTM decreases by 1%, the price of the bond reaches $103.The effective duration of this bond is closest to:

The current price of a bond is $1054.When the yield-to-maturity (YTM) increases by 1%, the price of the

A、

0.35

5.78

2.89

In response to a 0.1% increase in YTM and a Modified Duration of 3.567, the price of the bond should:

A、 rise by approximately 3.567%.
B、 fall by approximately 0.3567%.
C、 fall by approximately 3.567%.

A $1,110 premium bond has a modified duration of 4.562.

A、 Fall by approximately 2.281%
B、 Rise by approximately 2.281%.
C、 Fall by approximately 0.2281%.

Given an expected change in a bond's price of -1.65% due to change in yield to maturity (YTM) by 20 basis

A、 -1.67%
B、 -1.63%
C、 1.67%