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A 2 0 - year bond pays annual coupons of $ 6 5 , has a par value of $ 1 , 0 0 0

A 20-year bond pays annual coupons of $65, has a par value of $1,000, and is selling for $725. If the rates were to rise by 215 basis points, find the percent change in the price of the bond. (Enter your answer in a decimal format rounded to 0.0001)

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