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. A 20-year bond has a price of $828.41, a yield of 10%, and a duration of 9.386 years. If the bonds yield increases by

. A 20-year bond has a price of $828.41, a yield of 10%, and a duration of 9.386 years. If the bonds yield increases by 50 basis points, what will be the approximate bond price after the yield change?

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