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Company A issues a bond with a maturity of 5 years, a par value of $ 10,000, and an annual coupon rate of 2.5%. Bank

Company A issues a bond with a maturity of 5 years, a par value of $ 10,000, and an annual coupon rate of 2.5%. Bank B buys this bond at date 0.

Q: What is the explicit relationship linking percentage change in bond present value, duration, and change in yield

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