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DEF bonds mature in 7 years and have a duration of 6.5 years. These bonds are priced to yield 10%. If interest rates decrease by
DEF bonds mature in 7 years and have a duration of 6.5 years. These bonds are priced to yield 10%. If interest rates decrease by 50 basis points, what will be the percentage change in the value of DEF bonds?.0295-.0295.0325-.0325none of the above
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