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A bond is presently worth $1,080.00 and its yield to maturity is 8%. If the yield to maturity goes down to 7.84%, the value of
A bond is presently worth $1,080.00 and its yield to maturity is 8%. If the yield to maturity goes down to 7.84%, the value of the bond will go to ______ if the duration of the bond is 9.
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