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A bond has a yield to maturity of 6 . 5 % and a Macaulay duration of 1 2 years. By what percentage will the

A bond has a yield to maturity of 6.5% and a Macaulay duration of 12 years. By what percentage will the bond's price change if market interest rates decrease by 0.5%?
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-6.00 percent
6.00 percent
-5.63 percent
5.63 percent

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