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A $1000 bond (face value) with a coupon rate of 5.4% paid semi-annually has five years to maturity and a yield to maturity of 7.5%.

A $1000 bond (face value) with a coupon rate of 5.4% paid semi-annually has five years to maturity and a yield to maturity of 7.5%. If interest rates rise and the yield to maturity increases to 7.8%, by how much will the price of the bond change (in terms of $)

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