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Consider a 6% annual coupon bond with $1,000 face value and 4 years to maturity. If the price of the bond is $933.76 for a

Consider a 6% annual coupon bond with $1,000 face value and 4 years to maturity. If the price of the bond is $933.76 for a yield to maturity of 8%, what will be its approximate price predicted by its duration as its yield increases to 8.5%?

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