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A 6.40 percent coupon bond with 10 years left to maturity is priced to offer a yield to maturity of 7.8 percent. You believe that

A 6.40 percent coupon bond with 10 years left to maturity is priced to offer a yield to maturity of 7.8 percent. You believe that in one year, the yield o maturity will be 7.0 percent. What is the change in price the bond will experience in dollars?

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