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A 10-year bond has a yield of 8% and a duration of 8.5 years. If the bond's yield drops by 100 basis points, what is

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A 10-year bond has a yield of 8% and a duration of 8.5 years. If the bond's yield drops by 100 basis points, what is the percentage change in the bond's price? (keep your answer to two decimals) (example of answer format: 10.42%, or if it's negative, then-10.42%)

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