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A bond has a duration of 7 . 6 , a yield - to - maturity of 5 . 9 3 % , and convexity

A bond has a duration of 7.6, a yield-to-maturity of 5.93%, and convexity of 86.65. If the current bond's price is $1,138.37 what is predicted to be the bond's new price if interest rates suddenly jump upwards by 1.69%? State your answer as a dollar amount with two decimal places.

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