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Business, 06.11.2019 23:31 mom2acjm

A9-year bond has a yield of 10% and a duration of 7.194 years. if the market yield changes by 50 basis points, what is the percentage change in the bond’s price? (do not round intermediate calculations. negative value should be indicated by a minus sign. round your answer to 2 decimal places.)

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A9-year bond has a yield of 10% and a duration of 7.194 years. if the market yield changes by 50 bas...
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