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NEW QUESTION: 1

A. Option B
B. Option D
C. Option C
D. Option A
Answer: D

NEW QUESTION: 2
The impact of volatility on the price of a callable bond can be described as follows
A. if expected yield volatility increases, holding all other factors constant, the price of the embedded call option will increase and the price of the callable bond will increase.
B. if expected yield volatility increases, holding all other factors constant, the price of the embedded call option will increase and the price of the callable bond will decrease.
C. if expected yield volatility increases, holding all other factors constant, the price of the embedded call option will decrease and the price of the callable bond will decrease.
Answer: B

NEW QUESTION: 3
Changes made within a named Update Set in a different application scope:
A. Will not be captured
B. Will throw errors
C. Will be partially captured
D. Will be captured
Answer: D


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