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Change in YTM is 75 basis points. YTM is 8%. Duration is 15 years. What is the percentage price change of the bond? A. 7.64%

Change in YTM is 75 basis points. YTM is 8%. Duration is 15 years. What is the percentage price change of the bond?

A. 7.64%

B. 4.45%

C. 2.22%

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