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A 9-year bond has a yield of 6.5% and a duration of 7.629 years. If the market yield increases by 95 basis points, what is

A 9-year bond has a yield of 6.5% and a duration of 7.629 years. If the market yield increases by 95 basis points, what is the percentage change in the bonds price?(Input the amount as positive value. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

The percentage bond price change is%(Click to select)increasedecrease.

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