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a 10 year corporate bond with annual coupons has duration of 8.8 years and a yield to maturity of 10%. Using Duration to estimate new

a 10 year corporate bond with annual coupons has duration of 8.8 years and a yield to maturity of 10%.

Using Duration to estimate new bond price. What would be the the change in the price of the bond if the yield increases by 3.6%

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