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A bond has a MD of 9.17 years and trades at a price of 96.39. The YTM is 2.00%. Its CX factor is 92.90. Using

A bond has a MD of 9.17 years and trades at a price of 96.39. The YTM is 2.00%. Its CX factor is 92.90. Using MD and CX, what is the new price when the YTM increases to 2.90%?

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