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A bond with a maturity of 8 years and 7-year duration is priced at $1,050, and its yield to maturity is 6.94%. If the
A bond with a maturity of 8 years and 7-year duration is priced at $1,050, and its yield to maturity is 6.94%. If the yield to maturity goes to 7.84%, you would predict that the new value of the bond will be approximately O A. $8,98.78 OB. $9,88.26 O C. $1,018.56 O D. $1,128.71
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
