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13. Calculate the percentage change in a bond's price if its current yield is 8 percent, rates are expected to decrease by 0.25% and

13. Calculate the percentage change in a bond's price if its current yield is 8 percent, rates are expected to decrease by 0.25% and the bond's duration is 7.5. (a) 1.875%- b. -1.875% C. 1.736% d. -1.736% 7.5 x .0025 = 0.01875 199 =

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