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55. A bond has a duration of 3.817 years, a yield of 5.985% pa and a price of $109.621614 per $100 par value. If the

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55. A bond has a duration of 3.817 years, a yield of 5.985% pa and a price of $109.621614 per $100 par value. If the yield changes to 5.885% pa then the new price per $100 par value will be approximately: $109.5821 a. b. $109.6611 $110.0164 C. d. S113.5696 $114.5921 e

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