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Calvin and Andre both have bonds they bought at par value which pay a 625 coupon rate. Calvin's bond has 10 years to maturity and

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Calvin and Andre both have bonds they bought at par value which pay a 625 coupon rate. Calvin's bond has 10 years to maturity and Andre's bond has 20 years to maturity. It interest rates suddenly rise to 8.55%, what is the approximate change in value of Calvin's bond? Multiple Choice HM

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