human


A bond for JADA Co. has duration of 2.  Given this information, a one percent decrease in the return required by bond holders will:

    Increase the bond price by 2%
    Decrease the bond price by 2%
    Increase the coupon rate by 2%
    Decrease the coupon rate by 2%
    None of the above

gpt
--- Reasoning ---
1. Is the question multiple-choice question?
Yes

--- Answer ---
grounded