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A band has a duration of 2.75 years and the present YTM 45 the rate on this and increasons, what would be percentage change in

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A band has a duration of 2.75 years and the present YTM 45 the rate on this and increasons, what would be percentage change in the price of the bond? Select one: -2.12% -1.93% -2.71% 2.2196

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