问题
单项选择题
For a bond currently priced at $1018 with an effective duration of 7.48, if rates moved down 75 basis points, the new price would be approximately:（）
A. $942.
B. $961.
C. $1075.
答案
参考答案：C
解析：
(1+7.48×0.0075)×1018=$1075.
