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A bond has a coupon rate of 8 percent, 7 years to maturity, semlannual interest payments, and a YTM of 7 percent. If Interest rates

A bond has a coupon rate of 8 percent, 7 years to maturity, semlannual interest payments, and a YTM of 7 percent. If Interest rates suddenly rise by 2 percent, what will be the percentage change in the bond price

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