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Consider the following information: An annual coupon bond with a duration of 8.00 years, Interest rates are currently 5.00%, but you believe the Fed is
Consider the following information: An annual coupon bond with a duration of 8.00 years, Interest rates are currently 5.00%, but you believe the Fed is about to increase Interest rates by 10 basis points. Your predicted price change (using the duration rule) on this bond is +0.56% -0.56% +0.76% -0.76% None of the options are correct
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