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A bond with a 8-year duration is worth $1,090, and its yield to maturity is 9.0%. If the yield to maturity falls to 8.74%, you
A bond with a 8-year duration is worth $1,090, and its yield to maturity is 9.0%. If the yield to maturity falls to 8.74%, you would predict that the new value of the bond will be approximately
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