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A bond has a coupon rate of 5.00%, a yield to maturity of 7.00%, and a duration of 13.5 years. Interest rates are projected to

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A bond has a coupon rate of 5.00%, a yield to maturity of 7.00%, and a duration of 13.5 years. Interest rates are projected to decrease by 25 basis points (0.25\%). Calculate the predicted price change of the bond in percentage. 1.10% 3.21% 3.21% 3.15% Question 4 Which of the following is a derivative market instrument? Repurchase Agreements Stocks Corporate Bonds Options

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