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A bond has modified duration of 8.75 years, a convexity of 155.31 and a yield to maturity of 5. The price of the bond is

A bond has modified duration of 8.75 years, a convexity of 155.31 and a yield to maturity of 5. The price of the bond is $931.79. Calculate the change in the price of the bond following a change in yield of -1.75.

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