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A bond has the price of $ 1 , 0 5 0 and the duration of 8 years. The annual yield on th bond is

A bond has the price of $1,050 and the duration of 8 years. The annual yield on th bond is 5.00%. If the yield changes from 5.00% to 5.10%, the bond price change would be
A) $8.4
B)-$8.4
C)-$8.0
D) $8.0
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