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2. You own a bond that has a duration of 5 years. Interest rates are currently 6%, but you believe the Fed is about to

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2. You own a bond that has a duration of 5 years. Interest rates are currently 6%, but you believe the Fed is about to increase interest rates by 29 basis points. Your predicted price change on this bond is (Select the closest answer.) +1.37% 0-1.37% -4.72% +4.72% 0

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