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Consider a 10 year, $1000 Face, 5% coupon bond with a duration of 8. If rates go from 9% to 7%, the bondholders return solely
Consider a 10 year, $1000 Face, 5% coupon bond with a duration of 8. If rates go from 9% to 7%, the bondholders return solely from the change in price would be _____% (
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