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A 670 percent coupon bond with 14 years left to maturity is priced to offer a yleld to maturity of 7.4 percent. You belleve that

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A 670 percent coupon bond with 14 years left to maturity is priced to offer a yleld to maturity of 7.4 percent. You belleve that in one year, the yield to maturity will be 7.0 percent. What is the change in price the bond will experience in dollars? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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