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D Question 15 1 pts Suppose we have a bond with a 3-year term to maturity, a 17% coupon paid annually, and a market yield

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D Question 15 1 pts Suppose we have a bond with a 3-year term to maturity, a 17% coupon paid annually, and a market yield of 20%. Calculate the duration for this bond. (round your answer to 2 decimal places). D Question 16 1 pts If the duration of Bond X is 4 what is the approximate percentage change in the bond price if the market yield decreases from 10% to 6%. (if the bond price decreases put minus sign in front of the answer). (round your answer to 2 decimal places)

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