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Coupon Rate 9% Maturity 16 Yield 9% Duration 8 change in Yield 0.40% What is expected change in price due to Duration? 2.74% 2.94% 3.02%

Coupon Rate 9%
Maturity 16
Yield 9%
Duration 8
change in Yield 0.40%
What is expected change in price due to Duration?

2.74%

2.94%

3.02%

3.18%

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