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A Bond has a price determined by interest rates and time to maturity by the following: You know that the maturity is 8 . 9

A Bond has a price
determined by interest rates
and time to maturity
by the following:
You know that the maturity is 8.94 years, but unfortunately you forgot the exact interest rate. You think it is 3.44%, but you are not sure. However, you feel confident that the is not off by more than +or-0.23
What is your absolute percent error in the bond price?

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