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Assume Beta Corporation has a YTM of 4.54% and yield changed instantaneously by 0.075%. Given the bond's original price of $100, the coupon rate of

Assume Beta Corporation has a YTM of 4.54% and yield changed instantaneously by 0.075%.

Given the bond's original price of $100, the coupon rate of 14.49% and the modified duration of 2.8 then What is the approximate percentage change in price?

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