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A $1,000 par value bond with 5 years left to maturity pays an interest payment semiannually with a 8 percent coupon rate and is priced

A $1,000 par value bond with 5 years left to maturity pays an interest payment semiannually with a 8 percent coupon rate and is priced to have a 5.5 percent yield to maturity. If interest rates surprisingly change by 0.27 percent, by how much would the bonds price change?

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