1. As YTM increases, dollar price increases / decreases. Which is it? 2. As YTM increases, duration increases / decrease

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answerhappygod
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1. As YTM increases, dollar price increases / decreases. Which is it? 2. As YTM increases, duration increases / decrease

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1. As YTM increases, dollar price increases / decreases. Whichis it?
2. As YTM increases, duration increases / decreases. Which isit?
3. As YTM increases, convexity increases / decreases. Which isit?
4. If the reinvestment rate exceeds the YTM, the RCY will beless than / greater than the YTM. Which is it?
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