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  • 23-12-2022
  • Business
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g calculate an estimate of the price change for a 3 year bond with a modified duration of 1.357 years, assuming the bond's yield to maturity goes from 8 percent to 7.5 percent. (b) if the bond's yield to maturity does go from 8 percent to 7.5 percent and the bond's price is $952.86, what will be the bond price after the decline?

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