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A bond has a duration of 6 . 3 7 4 and the current yield - to - maturity is 5 . 6 9 %

A bond has a duration of 6.374 and the current yield-to-maturity is 5.69%. If the current bond's price is $1,144.05 what is predicted to be the bond's new price if interest rates suddenly jump upwards by 0.6%? State your answer as a dollar amount with two decimal places.

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